PGJ - Asia-Pacific stocks mixed ahead of key central bank meetings tensions in the Middle East
2023-10-30 02:47:35 ET
Japan ( NKY:IND ) -0.97% . Japan’s 10-year government bond yield rose toward 0.9%, hitting fresh 10-year highs amid growing speculations that the Bank of Japan would hike its existing yield cap at this week’s policy meeting.
China ( SHCOMP ) +0.19% . China 10 Year Government Bond Yield increased to a 12-week high of 2.767%.
Investors look ahead to Chinese manufacturing and services PMI figures this week for signs of further economic stabilization in the country.
Hong Kong ( HSI ) -0.25% .
India ( SENSEX ) +0.38% .
Australia ( AS51 ) -0.79% . Australian data - September Retail Sales +0.9% m/m (vs. +0.3% expected).
In the U.S. on Friday, all three major indexes ended largely lower , amid amid the latest batch of earnings reports, some mixed readings on the economy and geopolitical tensions in the Middle East.
U.S. stock futures rose on Monday in a likely technical rebound, while investors look ahead to a busy week filled with the Federal Reserve’s policy decision, the monthly jobs report: Dow +0.31% ; S&P 500 +0.45% ; Nasdaq +0.58% .
Traders were cautious ahead of monetary policy decisions from major central banks this week including the Federal Reserve, Bank of England and Bank of Japan, amid escalating conflict in the Middle East.
Currencies: ( JPY:USD ), ( CNY:USD ), ( AUD:USD ), ( INR:USD ), ( HKD:USD ), ( NZD:USD ).
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Asia-Pacific stocks mixed ahead of key central bank meetings, tensions in the Middle East