[MARKET UPDATE] Asia-Pac stocks begin negative following the subdued handover from the US, where sentiment was dampened by tech weakness, higher oil prices and firmer-than-expected inflation
The negative start for Asia-Pac stocks reflects a lack of confidence stemming from the US market's subdued performance, primarily influenced by weakness in the tech sector, rising oil prices, and stronger-than-anticipated inflation data.
PBoC is expected to set USD/CNY mid-point at 6.7946 (prev. 6.8426)
Samsung Electronics (005930 KS) says it expresses regrets over mediation talks, while it will continue to talk to the union and make efforts to prevent the worst-case scenario
[MARKET UPDATE] Asia-Pac stocks begin negative following the subdued handover from the US, where sentiment was dampened by tech weakness, higher oil prices and firmer-than-expected inflation
Pakistan and Iraq have struck agreements with Iran to transport liquefied gas and oil via the Strait of Hormuz amid shipping risks, according to sources
Japanese Current Account (Mar) 4682B vs. Exp. 3900B (Prev. 3933B)
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This environment may signal increased volatility in the Asian markets as investors react to both domestic and global economic concerns.
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