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☆ 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

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

☆ 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

☆ 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

☆ 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

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, .

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

☆ Asia markets largely fall despite Wall Street rally
▼ + stars: | 2023-09-26 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

A view of high-rise buildings is seen along the Suzhou Creek in Shanghai, China on July 5, 2023. Asia-Pacific markets largely fell despite a broad rebound on Wall Street and Moody's warning that a U.S. government shutdown would be "credit negative" for the world's largest economy. The country's wholesale inflation for its services sector climbed 2.1% year on year, its fastest rate of increase since September 2022. In Australia, the S&P/ASX 200 also shed 0.29% as traders look toward its key consumer price index reading on Wednesday. Hong Kong's Hang Seng index is also set for a positive open, standing at 17,744 compared to the HSI's close of 17,729.29.

Organizations: Nikkei Locations: Suzhou, Shanghai, China, Asia, Pacific, U.S, Australia, South Korea

☆ Asia markets poised for mixed open as investors look to inflation data across the region
▼ + stars: | 2023-09-25 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Japan ,Tokyo City skyline, Tokyo Tower. (Photo by: Dukas/Universal Images Group via Getty Images) Prisma By Dukas | Universal Images Group | Getty ImagesAsia-Pacific markets are set for a mixed open as investors look toward inflation data from across the region this week. Singapore and Australia are expected to report inflation figures for August this week, while Japan will release inflation data for the Tokyo region. The capital region's inflation data is seen as a leading indicator of nationwide trends. Futures for Hong Kong's Hang Seng index stood at 18,040, pointing to a weaker open compared with the HSI's close of 18,057.45.

Organizations: Getty, Dukas, Nikkei Locations: Japan, Tokyo City, Tokyo, Asia, Pacific, Singapore, Australia, Chicago, Osaka

☆ CNBC Daily Open: Banishing the AI hallucination
▼ + stars: | 2023-09-22 | 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. Meanwhile, Japan's Nikkei 225 lost 0.42% after the country's central bank maintained its negative interest rates. Growth-focused technology stocks, in particular, are struggling in an environment of higher-for-longer interest rates. But that means the time's ripe to look at European value stocks.

Persons: Hong, Fraser Institute's, Matthew Mitchell Organizations: CNBC, Nikkei, Bank of Japan, U.S, Cisco, Fraser Institute, Hong, Citi Locations: Asia, Pacific, Singapore, Canada, Hong Kong

☆ Asia markets poised for fall ahead of Bank of Japan rate decision
▼ + stars: | 2023-09-22 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets are set to fall ahead of the Bank of Japan's rate decision, which investors will be closely watching to determine if the central bank will make any change to its ultra-easy monetary policyA poll of Reuters economists showed that economists all expect the BOJ to hold its benchmark policy rate at -0.1%. BOJ Governor Kazuo Ueda has maintained that an ultra-easy monetary policy is needed until Japan sees a sustained inflation at 2%. Japan's headline inflation figures have remained above this target since April 2022, with the latest reading coming in at 3.2% for August.

Persons: Kazuo Ueda Organizations: Bank of Locations: Asia, Pacific, Japan

☆ Asia markets largely set to fall after Fed holds rates, but signals higher rates for longer
▼ + stars: | 2023-09-21 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

In a photo taken on November 4, 2019 a subway train crosses a rail bridge over the Han river, before the skyline of the Yeouido business district of Seoul. Asia-Pacific markets are set for a mixed open after the U.S. Federal Reserve held its benchmark policy rate, but said it will raise interest rates one more time this year, according to the central bank's projections. Projections showed the central bank expects to hike rates to a median of 5.6% by the end of 2023, up from the current range between 5.25% and 5.5%. The rate-setting Federal Open Market Committee projected two rate cuts in 2024, which is two fewer than its forecast in June. That would put the funds rate around 5.1%.

Organizations: U.S . Federal Reserve Locations: Seoul . Asia, Pacific

☆ Asia markets set to extend losses ahead of China loan prime rate decision; Fed decision on horizon
▼ + stars: | 2023-09-20 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

SHENZHEN, CHINA - AUGUST 26: An aerial view of the Shenzhen skyline on August 26, 2020 in Shenzhen, Guangdong Province of China. (Photo by He Shaoping/VCG via Getty Images) Vcg | Visual China Group | Getty ImagesAsia-Pacific markets are set to extend losses from Tuesday as investors await China's one-year and five year loan prime rates and brace for the U.S. Federal Reserve's rate decision Wednesday stateside. The region will also see August trade data out from Japan, while wholesale inflation in South Korea jumped for the first time since July 2022. In Australia, futures for the S&P/ASX 200 also point to a lower open, at 7,184 compared with the last close of 7,196.6. Futures for Hong Kong's Hang Seng index stood at 17,980, lower than the HSI's last close of 17,997.17.

Organizations: Getty, Visual China, U.S, Japan's Nikkei Locations: SHENZHEN, CHINA, Shenzhen, Guangdong Province of China, Asia, Pacific, U.S . Federal, Japan, South Korea, Chicago, Osaka, Australia

☆ CNBC Daily Open: High rates are still hobbling IPOs
▼ + stars: | 2023-09-20 | 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. Downbeat marketsU.S. markets dipped and U.S. Treasury yields rose Tuesday as investors braced themselves for the outcome of the Federal Reserve's meeting. At its open, Instacart popped 40% to hit $42, but pared gains as investors sold off to lock in their initial gains. Analysts who once predicted China would become the biggest economy globally are perplexed as to why the country's blunting its own growth.

Persons: Kospi, Hong, Instacart, Fereidun Fesharaki, Wood Mackenzie Organizations: CNBC, Treasury, Analysts, Global Locations: Asia, Pacific, China

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