[MARKET UPDATE] Metal prices rebound in early Asia-Pac trade with spot gold and silver prices up 2.1% and 3.5%, respectively, while copper futures are also up by 1.1% following the rebound on Wall St
The rebound in metal prices during the early Asia-Pac trade indicates a positive market sentiment, likely bolstered by the recent recovery on Wall Street.
Japanese Monetary Base YoY Y/Y -9.5% (Prev. -9.8%)
PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Mizuho Financial Group (8411 JT) 9-month (JPY) profit attributable rose 19.2% Y/Y to 1.02tln, Co. increased share buyback to up to JPY 300bln from JPY 200bln
[MARKET UPDATE] Metal prices rebound in early Asia-Pac trade with spot gold and silver prices up 2.1% and 3.5%, respectively, while copper futures are also up by 1.1% following the rebound on Wall St
Reports note that witnesses say loud explosions heard in Ukraine's capital of Kyiv
Korea (Republic of) Inflation Rate MoM (Jan) M/M 0.4% vs. Exp. 0.4% (Prev. 0.3%)
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Increases in spot gold and silver prices suggest a shift towards safe-haven assets, which could reflect risk-on sentiment in equities, while the rise in copper futures may signal optimism in industrial demand.
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