[MARKET UPDATE] Nikkei 225 opens -0.6% following the reports of a potential coalition of opposition parties; KOPSI +0.1%
The Nikkei 225's drop of 0.6% suggests concerns regarding political stability in Japan, particularly with the emergence of a potential coalition of opposition parties, which could impact government policy direction.
PBoC is expected to set USD/CNY mid-point at 6.9678 (prev. 7.0120)
PBoC RRPs are to support government bond issuance, local press reports
[MARKET UPDATE] Nikkei 225 opens -0.6% following the reports of a potential coalition of opposition parties; KOPSI +0.1%
South Korea Import Growth Final (Dec) 4.6% vs. Exp. 4.6% (Prev. 1.1%)
South Korea Trade Balance Final (Dec) 12.17B vs. Exp. 12.18B (Prev. 9.74B)
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Conversely, the KOPSI's modest rise of 0.1% indicates some resilience in South Korea's market, possibly reflecting different regional dynamics or investor sentiment. Traders should monitor how this political development may influence broader market sentiment and cross-border flows in Asia.
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