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USD/JPY: Bullish Case Eroding as US Economic Data Disappoints /
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2024-06-17 03:56:48

USD/JPY: Bullish Case Eroding as US Economic Data Disappoints on Nostr: Mixed Chinese Data and European Political Tensions Weigh on Asian Markets ...

Mixed Chinese Data and European Political Tensions Weigh on Asian Markets
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#e140b6a8 ver:1.05

Mixed Chinese data and European political tensions weigh on Asian markets. Asian shares open with mixed results as global market performance and political concerns impact investor sentiment. Chinese shares close higher, while Hong Kong shares end lower. Japanese stocks close higher, supported by real estate and trading house stocks. Indian shares also end higher. ASEAN countries' exports to the US surpass those to China. Serbian government prepares to give Rio Tinto approval for Europe's largest lithium mine. Central bank meetings anticipated in the UK, Brazil, Switzerland, Norway, and Indonesia. Chinese economic data release expected. Asian markets dip due to mixed Chinese data and falling home prices. Political uncertainty in Europe further dampens risk appetite. S&P 500 futures steady, Nasdaq futures add 0.1%. Goldman Sachs raises S&P 500 year-end target to 5,600. Central banks in Australia, Norway, and the UK expected to hold rates steady. European Central Bank has no plans for emergency purchases of French bonds. Flight into assets as risk sentiment deteriorates. Traders guided by French-German bond yield spread. Left-wing parties in France present manifesto against Macron's economic reforms. Policymakers likely to signal caution on rate cuts. People's Bank of China expected to inject extra cash. US stocks struggle, oil remains above $78, gold falls. Inflation figures in Europe and Britain watched for global monetary policy outlook. #AsianMarkets #ChineseData #EuropeanPolitics #InvestorSentiment #CentralBanks #EconomicData #RiskAppetite #Stocks #Oil #Gold #Inflation...

#newstr #AsianMarkets #ChineseEconomicData #EuroPressure #ChineseRetailSales #ChineseIndustrialOutput #ChineseFixedassetInvestment #FallingHomePrices #JapaneseStocks #S&p500Futures #NasdaqFutures #FederalReserve #CentralBanks #SwissNationalBank #EuropeanCentralBank #FrenchBonds #Euro #Dollar #Gold #OilPrices

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