[MARKET UPDATE] Asia-Pac stocks begin with mild gains following last Friday's softer-than-expected US CPI data, but with the upside capped in thinned conditions amid mass holiday closures
The mild gains in Asia-Pac stocks follow the weaker-than-expected US CPI data, indicating that investors might be pricing in a more dovish Fed outlook.
Singaporean Electronic Exports YoY (Jan) Y/Y 56.1% (Prev. 24.9%)
This week’s key holiday closures:
[MARKET UPDATE] Asia-Pac stocks begin with mild gains following last Friday's softer-than-expected US CPI data, but with the upside capped in thinned conditions amid mass holiday closures
UK Rightmove House Prices YY (Feb) 0.0% (Prev. 0.5%)
UK Rightmove House Prices MM (Feb) 0.0% (Prev. 2.8%)
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However, with many markets closed for holidays, trading volumes are likely lower, which could limit momentum and amplify volatility in any moves.
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