[MARKET UPDATE] Asia-Pac stocks follow suit to the mixed performance stateside with some cautiousness ahead of the looming NFP report, while Japanese stocks outperform following strong Household Spending data
The mixed performance in Asia-Pac stocks reflects traders' caution as they await the upcoming Non-Farm Payroll (NFP) report.
TD is now expecting the RBA to raise rates by 25bps at its next meeting in February
Palestinian media reports Israeli raids continue on various areas of the Gaza Strip, according to Sky News Arabia
[MARKET UPDATE] Asia-Pac stocks follow suit to the mixed performance stateside with some cautiousness ahead of the looming NFP report, while Japanese stocks outperform following strong Household Spending data
Japanese Foreign Exchange Reserves (Dec) 1369.8B (Prev. 1359.4B)
US President Trump posts that data shows the US has the lowest trade deficit since 2009, and is going even lower, adds GDP is predicted to come in at over 5%, and success of the country is due to tariffs
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Japanese equities are outperforming, bolstered by better-than-expected Household Spending data, which could suggest stronger consumer momentum and may influence economic outlook perceptions ahead of the NFP release.
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