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[MARKET UPDATE] Asia-Pac stocks begin positive in continued thin conditions as many regional bourses remain closed for Lunar New Year holidays

Asian markets are starting positively, although it's important to note that many regional exchanges remain closed due to Lunar New Year holidays.

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Australian Wage Price Index QoQ (Q4) Q/Q 0.8% vs. Exp. 0.8% (Prev. 0.8%, Low. 0.7%, High. 0.8%)

Australia sells AUD 1.2bln 4.25% October 2035 bonds, b/c 3.90, avg. yield 4.7439%

[MARKET UPDATE] Asia-Pac stocks begin positive in continued thin conditions as many regional bourses remain closed for Lunar New Year holidays

Japanese Balance of Trade (Jan) -1152.7B vs. Exp. -2142.1B (Prev. 113.5B, Rev. From 105.7B, Low. -2770B, High. -1775.1B)

Japanese Imports YoY (Jan) Y/Y -2.5% vs. Exp. 3% (Prev. 5.2%, Rev. From 5.3%, Low. -3.3%, High. 7%)

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Context

This thin trading environment could lead to heightened volatility and fewer liquidity, impacting the reliability of price movements. Keep an eye on how this week progresses as major markets will return and might contribute to more substantial trading activity soon.

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