[MARKET UPDATE] Nikkei 225 opens +3.8% as participants return from the public holiday; ASX 200 holding onto earlier gains (+0.6%)
The Nikkei 225's sharp opening gain of 3.8% suggests a strong rebound as market participants return from the holiday, potentially indicating pent-up demand or positive sentiment following previous sessions.
PBoC is expected to set USD/CNY mid-point at 6.9734 (prev. 6.9849)
SK Hynix (000660 KS) to spend KRW 19tln on South Korea chip packaging facilities, Bloomberg reports
[MARKET UPDATE] Nikkei 225 opens +3.8% as participants return from the public holiday; ASX 200 holding onto earlier gains (+0.6%)
Australia sells AUD 300mln 4.75% 2054 AGB; b/c 2.34x (prev. 2.85x), average yield 5.1953% (prev. 5.0603%)
Australia sells AUD 1bln 4.25% October 2036 AGB; b/c 3.19x, average yield 4.7923%
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Meanwhile, the ASX 200's modest rise of 0.6% reflects a more cautious approach, but still shows resilience in the broader regional context. Traders should watch for further developments that could sustain or alter this momentum in both indices.
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