Asia Financial on Nostr: Nikkei Dips On Earnings Caution, Hang Seng Gains on Policy Bets ========== Asian ...
Nikkei Dips On Earnings Caution, Hang Seng Gains on Policy Bets
==========
Asian stocks saw a mixed start to the week as investors focused on global interest rates and China's struggles. Japanese shares ended lower due to cautiousness ahead of corporate earnings reports and rising government bond yields. The Nikkei closed at 38,179.46, down 0.13%. China stocks edged back as weak data on credit growth offset the issuance of long-term stimulus bonds. The Shanghai Composite Index dropped 0.21% to 3,148.02. Hong Kong shares, on the other hand, gained as the Hang Seng Index closed at 19,115.06, up 0.80%. The US is expected to announce new tariffs on China, including a major hike in levies on electric vehicles. The dollar held against the yen, while gold eased and oil prices dipped. Other Asian markets were mixed. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1%. US producer prices, retail sales, and jobless claims figures are due out this week, along with final reports on European inflation.
#AsianStocks #Nikkei #HangSeng #China #CreditGrowth #ElectricVehicles #Dollar #Gold #OilPrices #Msci #UsTariffs #ProducerPrices #RetailSales #JoblessClaims #EuropeanInflation
https://www.asiafinancial.com/nikkei-dips-on-earnings-caution-hang-seng-gains-on-policy-bets
==========
Asian stocks saw a mixed start to the week as investors focused on global interest rates and China's struggles. Japanese shares ended lower due to cautiousness ahead of corporate earnings reports and rising government bond yields. The Nikkei closed at 38,179.46, down 0.13%. China stocks edged back as weak data on credit growth offset the issuance of long-term stimulus bonds. The Shanghai Composite Index dropped 0.21% to 3,148.02. Hong Kong shares, on the other hand, gained as the Hang Seng Index closed at 19,115.06, up 0.80%. The US is expected to announce new tariffs on China, including a major hike in levies on electric vehicles. The dollar held against the yen, while gold eased and oil prices dipped. Other Asian markets were mixed. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1%. US producer prices, retail sales, and jobless claims figures are due out this week, along with final reports on European inflation.
#AsianStocks #Nikkei #HangSeng #China #CreditGrowth #ElectricVehicles #Dollar #Gold #OilPrices #Msci #UsTariffs #ProducerPrices #RetailSales #JoblessClaims #EuropeanInflation
https://www.asiafinancial.com/nikkei-dips-on-earnings-caution-hang-seng-gains-on-policy-bets