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☆ Asia markets little changed ahead of key China data
▼ + stars: | 2023-10-18 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Vcg | Visual China Group | Getty ImagesAsia-Pacific markets were little changed in early Wednesday trading as investors look to key economic data from China. China will release its third-quarter gross domestic product data. The world's second-largest economy will also release its industrial output and retail sales data for September, as well as its urban unemployment rate. The unemployment rate is one of the key metrics that the Reserve Bank of Australia considers when setting its monetary policy. Japan's markets are trading close to the flatline, with the Nikkei 225 down just 0.1% and the Topix gaining marginally.

Persons: Kospi Organizations: Visual China, Getty, Reserve Bank of Australia, Nikkei Locations: Beijing, China, Asia, Pacific, Australia

☆ CNBC Daily Open: Consumers in U.S. and China are powering their economies
▼ + stars: | 2023-10-18 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The bureau also said retail sales spiked 5.5% and industrial production grew 4.5% in September, compared with a year earlier. U.S. markets wavered Tuesday as investors digested September's U.S. retail sales report and third-quarter earnings from banks. Retail sales in China also jumped more than expected in September, buoying the country's third-quarter GDP growth. Indeed, the specter of high inflation and, correspondingly, higher-for-longer interest rates, haunted the retail report, at least for the U.S.

Persons: Goldman Sachs, David Russell of TradeStation, That'd, It's, Russell, Chris Zaccarelli Organizations: CNBC, Bank of America, Bank of, National Bureau of Statistics, Consumers, U.S, Treasury, Nasdaq, Dow Jones, Independent, Alliance Locations: China, Asia, Pacific, Shanghai

☆ CNBC Daily Open: Russell 2000’s best day since July bodes well for markets
▼ + stars: | 2023-10-17 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. China's renewed reboundChina's economic growth will return next year, Mark Makepeace, former head of benchmark giant FTSE Russell told CNBC. [PRO] Rising oil prices could boost non-energy stocksExogenous shocks, like supply cuts and the Israel-Hamas war, have forced oil prices upward. That's good news for energy stocks — but these non-energy, European stocks also stand to benefit when oil and gas prices rise, according to Bank of America.

Persons: China's, Mark Makepeace, Makepeace, Jim Jordan, Adam Kovacevich, Biden, Joe Biden, Antony Blinken Organizations: CNBC, Russell, Big Tech, Republican, U.S . House, Apple, Biden, of Progress, Israel U.S, Hamas, Bank of America Locations: Asia, Pacific, , New Zealand, China, Israel, Gaza

☆ Asia markets poised for weaker open as investors look ahead to China GDP, Japan inflation data
▼ + stars: | 2023-10-16 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

An employee works on the assembly line of LED lighting products in China. Asia-Pacific markets are set for a lower start to the week as investors look ahead to key economic data from China and Japan this week. Japan's September inflation data is expected on Friday, which will come ahead of the country's central bank's monetary policy meeting on Oct. 30 and 31. South Korea's central bank will also announce its rate decision on Thursday. The Bank of Korea has held rates steady for five meetings in a row at 3.5% since February.

Organizations: Reuters, Bank of Locations: China . Asia, Pacific, China, Japan, Korea's, Bank of Korea

☆ Asia-Pacific stocks tumble ahead of China inflation data
▼ + stars: | 2023-10-13 | by ( Lee Ying Shan | ) www.cnbc.com time to read: 1 min

August was marked by extremely hot temperatures in parts of China, prompting temporary power rationing in some regions. Asia-Pacific markets fell ahead of China's inflation and trade data for September. China is slated to release inflation numbers early Friday. Analysts polled by Reuters expect the country's consumer price index to climb 0.2% year-on-year, compared to 0.1% in the previous reading. Hong Kong's Hang Seng index looks set to drop, with futures at 17,911 compared to the HSI's close of 18,238.21.

Organizations: heatwave, Reuters, Nikkei Locations: China, Chongqing's, Asia, Pacific, Japan

Women dress in graduation gowns at the West Kowloon Cultural District in front of the Hong Kong Skyline in Hong Kong (Photo by Vernon Yuen/NurPhoto via Getty Images)Asia-Pacific markets rose as investors looked ahead to key U.S. consumer inflation data, which will inform the Federal Reserve's rate decision in its policy meeting beginning Oct. 31. In Australia, the S&P/ASX 200 added 0.31%. In Japan, the Nikkei 225 opened 1% higher, with shares of Uniqlo-owner Fast Retailing up nearly 1% ahead of its full-year earnings report due later in the day. South Korea's Kospi rose 0.75% at the opening bell, holding near two-week highs.

Persons: Vernon Yuen Organizations: Kowloon Cultural, Hong Kong Skyline, Getty Images, Nikkei, Retailing Locations: Kowloon, Hong Kong, Asia, Pacific, Australia, Japan

☆ CNBC Daily Open: Investors flocked to U.S. Treasurys for safety
▼ + stars: | 2023-10-11 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets continued rallyingU.S. stocks rose Tuesday, boosted by falling Treasury yields and easing oil prices. Alameda allegedly took FTX moneyCaroline Ellison, the former head of Alameda Research and ex-girlfriend of FTX founder Sam Bankman-Fried, took the stand as the government's star witness Tuesday. After screening for such stocks, CNBC Pro found 10 with dividend yield above 4% and a debt-to-capital ratio of less than 80%, among other criteria.

Persons: That's, Caroline Ellison, Sam Bankman, Ellison, Sam Organizations: CNBC, Samsung Electronics, UBS, Alameda Research, CNBC Pro Locations: Asia, Pacific, China, Alameda, Israel

☆ Asia markets poised for rise as markets shake off pressures from Hamas attack
▼ + stars: | 2023-10-10 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets are set to rise across the board, as markets rally despite pressures from the attack on Israel by Palestinian militant group Hamas. In Australia, the S&P/ASX 200 climbed 0.83% in early trade, extending gains from Monday and moving above the 7,000 mark. South Korea's Kospi rose 1.05%, but the Kosdaq bucked the wider trend, falling 0.14%. Futures for Hong Kong's Hang Seng index stood at 17,658, pointing to a positive open compared with the HSI's close of 17,517.4. Hong Kong experienced a shortened trading day of just two hours Monday after the city canceled its morning session due to a typhoon warning.

Organizations: Hamas, Nikkei Locations: Asia, Pacific, Israel, Palestinian, Australia, Hong Kong

☆ CNBC Daily Open: Israel-Hamas war will have a limited effect on markets
▼ + stars: | 2023-10-10 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets shook off fearsU.S. stocks rose Monday despite a 4% spike in oil prices caused by the Israel-Hamas war. Booming digital economySingapore's digital economy contributed 106 billion Singapore dollars ($77.5 billion) to the economy last year, comprising more than 17% of gross domestic product. "Despite the recent tech sector lay-offs, the demand for tech jobs is likely to remain resilient," said the country's Infocomm Media Development Authority.

Persons: Russell, Goldman Sachs, Goldman Organizations: New York Stock Exchange, CNBC, Japan's Nikkei, Palestinian, Hamas, United Nations, Hong Kong, Singapore, Media Development Authority Locations: New York City, Israel, Asia, Pacific, Shanghai, Gaza

☆ Hong Kong and Australia set for stronger start; China returns from Golden Week
▼ + stars: | 2023-10-09 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Passengers wait for trains at Guangzhou South Railway Station on Sept. 27, 2023, just days before the National Day and Mid-Autumn Festival holidays. Asia-Pacific markets are set for a positive start to the week as Chinese markets come back from a week long Golden Week holiday. Investors will be watching inflation readings and trade data out from China and India later this week, as well as a monetary policy decision from Singapore's central bank. Japan and South Korea's markets are closed Monday for a holiday.

Organizations: Guangzhou South Railway Locations: Guangzhou, Asia, Pacific, China, India, Singapore's, Japan, South

☆ CNBC Daily Open: There’s good news for investors beneath September’s jobs number
▼ + stars: | 2023-10-09 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Mainland China's Shanghai Composite dipped 0.67% after reopening from the Golden Week holiday. Golden Week, golden demandChina's domestic tourism during the "Golden Week" period, an eight-day holiday that ended Friday, rebounded to pre-pandemic levels, according to official figures. [PRO] After jobs, inflation numbersAfter last week's blockbuster jobs report, investors will be scrutinizing price readings this week for signs that inflation is abating despite a tight labor market. If price increases cool for the month — as economists expect — investors are hoping falling bond prices no longer drag down stocks.

Persons: Israel, Ian Bremmer, nonfarm payrolls, That's, Dow Jones, Hong Organizations: CNBC, Hamas Gunmen, Saturday, Hamas, Eurasia Group, Markets, Treasury Locations: Israel, China, Asia, Pacific, Japan, South, Shanghai

European stocks moved higher on Friday as market participants brace themselves for U.S. jobs data later in the session. The pan-European Stoxx 600 index was up 0.5% in early trade, with insurance stocks adding 1.2% to lead gains as most sectors and major bourses nudged into positive territory. Economists surveyed by Dow Jones expect that September will show a net 170,000 new jobs — significantly more than that could provide a good-news-is-bad-news jolt to an already reeling market. The pan-European Stoxx 600 closed 0.3% higher on Thursday, following three consecutive negative trading sessions at the start the fourth quarter. The rate on the 10-year Treasury note slipped from highs last seen in 2007 earlier in the week and held steady at around 4.7276% on Friday.

Persons: nonfarm, Dow Jones Organizations: U.S, Wall, Federal Reserve Locations: Asia, Pacific

☆ CNBC Daily Open: The September jobs report is key
▼ + stars: | 2023-10-06 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Bracing for the jobs reportU.S. stocks dipped slightly Thursday as investors braced for the September job report coming out today. JPMorgan Chase's Marko Kolanovic thinks the S&P 500 might be slammed by a 20% sell-off if high interest rates persist. In other words, the gap between cheap and expensive stocks is larger than usual — which gives value investors a "tremendous opportunity."

Persons: Hong, Tencent, JPMorgan Chase's Marko Kolanovic, I'm, Bill Nygren, Nygren Organizations: CNBC, Treasury, Administration, European Union Chamber of Commerce Locations: Asia, Pacific, China

☆ CNBC Daily Open: Investors got a brief reprieve
▼ + stars: | 2023-10-05 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange during morning trading on October 04, 2023 in New York City. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Stocks climbed, yields retreatedU.S. stocks climbed Wednesday and Treasury yields retreated, helping the Dow Jones Industrial Average break its three-day losing streak. Here's how he's planning to manage the risk, and what he's buying to hedge against possible losses.

Persons: Stocks, Kospi, payrolls, Marc, Antoine Julliard, Sam Bankman, Jim Jordan, Steve Scalise, Kevin McCarthy, Jordan's, Donald Trump, who's, Matthew McLennan Organizations: New York Stock Exchange, CNBC, Treasury, Dow Jones, Japan's Nikkei, ADP, FTX, Speaker U.S, Freedom Caucus, Former U.S Locations: New York City, Asia, Pacific, Former, U.S

☆ Asia-Pacific stocks fall as U.S. 10-year Treasury yield notches 16-year high
▼ + stars: | 2023-10-04 | by ( Lee Ying Shan | ) www.cnbc.com time to read: 1 min

Mount Fuji and buildings in the Shinjuku district are reflected on a table at an observation deck in Tokyo, Japan, on December 24, 2013. Asia-Pacific markets opened lower after the U.S. 10-year Treasury yield hit its highest level in 16 years. In Japan, Nikkei 225 dropped 1.45% in its first hour of trade, while the Topix was 1.31% lower. South Korea's Kospi fell 1.19% and the Kosdaq slipped 1.17% after coming back from holiday. Hong Kong's Hang Seng index is similarly poised for a dip with futures at 17,322 compared to the HSI's close of 17,331.22.

Persons: Australia's, Korea's Kospi Organizations: Mount, Treasury, Nikkei Locations: Mount Fuji, Shinjuku, Tokyo, Japan, Asia, Pacific

European markets traded in negative territory Wednesday as global sentiment falters. The pan-European Stoxx 600 index fell 0.5% in early trade, with autos shedding 2% to lead losses as most sectors and major bourses slid into the red. U.S. stocks were lower Tuesday as traders closely monitored rising Treasury yields, which hit a 16-year high. The 10-year Treasury yield, a benchmark for mortgage rates and gauge of investors' economic confidence, briefly touched its highest level since 2007. Overnight, Asia-Pacific markets were broadly weaker Wednesday, with Korean and Japanese stocks posting a more than 2% drop after the U.S. 10-year Treasury yield rose.

Organizations: Treasury Locations: Asia, Pacific

☆ CNBC Daily Open: High rates are breaking something new in markets
▼ + stars: | 2023-10-04 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange during afternoon trading on July 18, 2023 in New York City. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. House Speaker, mutedEight hardline conservative Republicans joined all Democrats to oust Republican Kevin McCarthy as speaker in a "motion to vacate" introduced by Republican Matt Gaetz. Patrick McHenry, a close McCarthy ally, will assume the role of speaker temporarily; McCarthy said he won't be running again.

Persons: Kospi, CBRE, Knight Frank, Republican Kevin McCarthy, Matt Gaetz, Patrick McHenry, McCarthy Organizations: New York Stock Exchange, CNBC, Dow Jones, Treasury, Nikkei, Reserve Bank of New Zealand, Japan's, U.S, Republicans, Democrats, Republican, Citi Locations: New York City, Asia, Pacific, Canada

The regional Stoxx 600 index ended down 1.1%, with all sectors and major bourses in negative territory. The debt-heavy utilities sector dropped 2.7% with higher-for-longer rates in focus, while mining stocks were down 2.6%. In Asia-Pacific markets overnight, Hong Kong stocks fell about 3%, leading wider losses in the region. U.S. stocks were lower as traders closely monitored rising Treasury yields, which hit a 16-year high. The 10-year Treasury yield, a benchmark for mortgage rates and guage of investors' economic confidence, briefly touched its highest level since 2007.

Persons: Stocks Organizations: Treasury Locations: Asia, Pacific, Hong Kong, .

☆ Asia-Pacific stocks fall ahead of Australian central bank rate decision
▼ + stars: | 2023-10-03 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

The full moon, otherwise known as a strawberry supermoon, is seen over the Skyline of the CBD in Sydney, Australia June 15, 2022. Asia-Pacific markets fell ahead of a rate decision by the Reserve Bank of Australia. In Australia, the S&P/ASX 200 was trading down 1.1% ahead of an RBA meeting, where the central bank is expected to hold rates at 4.10%, according to a Reuters poll. In Japan, the Nikkei 225 was down 0.63% in its first hour of trade. The Nasdaq Composite added 0.67% to close at 13,307.77— CNBC's Hakyung Kim and Alex Harring contributed to this report.

Persons: Hakyung Kim, Alex Harring Organizations: Skyline, Reserve Bank of Australia, Nikkei, Dow Jones, Nasdaq Locations: Sydney, Australia, Asia, Pacific, Japan, U.S

Oct 2 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. But Chinese purchasing managers index data over the weekend, which pointed to mixed levels of services and manufacturing activity last month, may put a dampener on that. Investors will be looking to start the fourth quarter on a positive note after a pretty awful third quarter. Monday's batch of PMI reports include the latest snapshots from Australia, Japan and Indonesia, while Japan's closely watched 'tankan' survey of business sentiment and activity will also be released. Meanwhile, the Reserve Bank of Australia, Reserve Bank of New Zealand and Reserve Bank of India are all expected to keep their key interest rates on hold at 4.10%, 5.5% and 6.5%, respectively.

Persons: Jamie McGeever, Japan's, Richard Chang Organizations: U.S . Congress, PMI, Golden, Monetary, Reserve Bank of Australia, Reserve Bank of New, Reserve Bank of, Bank of Japan, Thomson, Reuters Locations: Beijing, Australia, Japan, Indonesia, India, New Zealand, South Korea, Philippines, Thailand, Taiwan, Reserve Bank of New Zealand, Reserve Bank of India

☆ Asia markets rebound, mirroring moves on Wall Street; Japan data in focus
▼ + stars: | 2023-09-29 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Pedestrians cross an intersection in the Shibuya district of Tokyo, Japan, on Tuesday, April 25, 2023. Photographer: Kentaro Takahashi/Bloomberg via Getty ImagesAsia-Pacific markets largely climbed in the final trading day of the week, mirroring moves on Wall Street. This comes as traders assess to key economic data out of Japan, including the September inflation rate for Tokyo. The core inflation rate, which strips out prices of fresh food, came in at 2.5%, lower than the 2.6% expected by a Reuters poll. Japan also saw unemployment, industrial output and retail sales data for August.

Persons: Kentaro Takahashi Organizations: Bloomberg, Getty Images Locations: Shibuya, Tokyo, Japan, Getty Images Asia, Pacific

☆ CNBC Daily Open: Long-term prospects are uncertain
▼ + stars: | 2023-09-29 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

People walk outside of the New York Stock Exchange (NYSE) in the financial district in Manhattan on June 14, 2022 in New York City. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Big population but small labor forceEven though India's population of 1.428 billion has surpassed that of China's, according to UN estimates, the country's labor force is only at 51%, trailing behind China's 75%. When that happens, this simple bond trade can earn you 40% in returns, said investment analysts.

Persons: Hong, Bill Ackman, Rick Rieder, Katie Koch Organizations: New York Stock Exchange, CNBC, Nikkei, Alpha, Pershing, Capital Management, Treasury, BlackRock, Federal, TCW, China's, Oxford Economics Locations: Manhattan, New York City, Asia, Pacific, Tokyo, U.S, China

☆ European markets open choppy as they look to reverse negative momentum
▼ + stars: | 2023-09-28 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

The pan-European Stoxx 600 index opened 0.1% higher, with sectors spread across positive and negative territory. European markets opened choppy Thursday, reversing negative momentum seen for much of the week. Regional markets slipped Wednesday, closing at a 6-month low, as investors continued to assess inflation, interest rates and the health of the global economy. Investors in Europe will be keeping an eye out Thursday for preliminary inflation readings from Germany and Spain for September. Asia-Pacific markets broadly fell overnight after notching some gains on Wednesday as an uptick in Treasury yields and oil prices dented investor sentiment on Wall Street.

Persons: what's Organizations: Investors, Treasury Locations: Europe, Germany, Spain, Asia, Pacific

☆ Asia markets slide as oil and Treasury yields climb
▼ + stars: | 2023-09-28 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Hong Kong Spreephoto.de | Moment | Getty ImagesAsia-Pacific markets fell after notching some gains on Wednesday as an uptick in Treasury yields and oil prices dented investor sentiment on Wall Street. The benchmark 10-year U.S. Treasury yield hit its highest levels since 2007 and U.S. crude futures popped more than 3% to settle at $93.68 per barrel. Japan's Nikkei 225 slipped 1% in early trade, while the Topix saw a larger loss of 1.05% on Thursday morning. Futures for Hong Kong's Hang Seng index stood at 17,582, also pointing to a weaker open compared with the HSI's close of 17,611.87. South Korea's markets are closed for a public holiday.

Persons: Australia's Organizations: Treasury, Nikkei Locations: Hong Kong, Asia, Pacific

☆ Asia markets poised for mixed open ahead of China industrial data and Australian inflation figures
▼ + stars: | 2023-09-27 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Australia's weighted inflation rate is expected to rise 5.2% year on year in August, a predicted rebound from three straight months of decline. Asia-Pacific markets are set for a mixed open ahead of China's industrial data and Australia's August inflation figures due on Wednesday. Futures for the S&P/ASX 200 point to a stronger open for the index, at 7,046 compared to the last close of 7,038.2. Hong Kong's Hang Seng index also is set for a positive open, with futures at 17,477, compared to the HSI's close of 17,466.9. Should the index follow the futures contract, this would be this first time the Nikkei falls below the 32,000 mark in over a month.

Organizations: Nikkei Locations: Asia, Pacific, Hong, Chicago, Osaka

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