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☆ Asia markets mixed ahead of Australian central bank minutes
▼ + stars: | 2023-09-19 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

The Sydney Opera House Sydney, New South Wales, Australia. Gallo Images | Brand X Pictures | Getty ImagesAsia-Pacific markets are mixed as traders look to minutes from the Reserve Bank of Australia for its policy meeting on Sept. 5. The minutes will detail how the RBA came to hold its benchmark policy rate at 4.1%, the third straight month that it has done so. In Australia, the S&P/ASX 200 slid 0.23% in early trade, while both South Korea's Kospi and Kosadaq were trading close to the flatline. Japan's Nikkei 225 slumped 0.76% upon its return from a public holiday, while the Topix saw a smaller loss of 0.16%.

Organizations: Sydney Opera House, Getty, Reserve Bank of Australia, Nikkei Locations: Sydney Opera House Sydney , New South Wales, Australia, Asia, Pacific

☆ Asia markets poised to fall as central bank decisions closely watched this week
▼ + stars: | 2023-09-18 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

The Bank of Japan (BOJ) headquarters is seen beyond the cherry blossoms in Tokyo on March 20, 2023. Asia-Pacific markets are set to fall Monday as investors look ahead to a week of central bank decisions. The U.S. Federal Reserve's decision is expected early Thursday in Asia, while Australia's central bank will release its minutes for its Sept. 5 policy meeting on Tuesday. On Friday, the Bank of Japan will conclude its monetary policy meeting and traders will be looking for clarity on when the BOJ will start to shift its ultra-easy monetary policy. Elsewhere, the People's Bank of China is also expected to release its loan prime rate decisions on Friday.

Organizations: Bank of Japan, U.S, Federal, People's Bank of Locations: Tokyo, Asia, Pacific, People's Bank of China

☆ CNBC Daily Open: Wall Street disagrees with main street
▼ + stars: | 2023-09-18 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +5 min

Gabby Jones | Bloomberg | Getty ImagesThis 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. [PRO] FOMC meeting this weekThe Federal Reserve's meeting on Wednesday will be the main event to keep an eye on for this week. "Investors remained upbeat about the outlook for stocks and the economy in August," according to a Vanguard Investor Expectations Survey. In that open space between breaths, equilibrium between Wall Street and main street may be reached.

Persons: Gabby Jones, Hong, Kospi, Joe Biden, there's, Edward Jones, Mona Mahajan, CNBC's, Mahajan, Ray, Greg Bassuk Organizations: New York Stock Exchange, Bloomberg, Getty, CNBC, Dow Jones, Index, Nikkei, China, European Central Bank, Federal Reserve, Bank of England, U.S, Initiative, FedEx, University of Michigan, Consumers, Survey, Dow Jones Industrial, Nasdaq, Dow Locations: New York, Asia, Pacific, China Venture, China, India, East, Europe

☆ Asia markets set for stronger open ahead of key data from China
▼ + stars: | 2023-09-15 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

SHANGHAI, CHINA - JUNE 08: Aerial view of skyscrapers standing at the Lujiazui Financial District at sunrise on June 8, 2022 in Shanghai, China. (Photo by Zhang Zhuoming/VCG via Getty Images) Vcg | Visual China Group | Getty ImagesAsia-Pacific markets are set to rise ahead of key economic data out of China, which could give clues on the trajectory of the world's second largest economy. China will release August data for its house prices, unemployment rate and retail sales, as well as urban investment. Futures for Hong Kong's Hang Seng index stood at 18,171, higher than the HSI's last close of 18,047.92. In Australia, futures for the S&P/ASX 200 also point to a higher open, at 7,283 compared to the last close of 7,186.5.

Persons: Zhang Zhuoming Organizations: Getty, Visual China, Nikkei Locations: SHANGHAI, CHINA, Shanghai, China, Asia, Pacific, Chicago, Osaka, Australia

☆ Asia markets poised for mixed open after U.S. inflation comes in hotter than expected
▼ + stars: | 2023-09-14 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets are set for a mixed open as inflation in the U.S. inflation rate in August came in hotter than expected, at 3.7% compared to economists' expectations of 3.6% in a Dow Jones survey. Month-on--month, the consumer price index rose 0.6% in August, in line with expectations. In July, the CPI rose 3.2% year-on-year and 0.2% month-on-month. However, excluding volatile food and energy costs, the core CPI rose 4.3%, in line with estimates and down from 4.7% in July. Federal Reserve officials focus more on core as it provides a better indication of where inflation is heading over the long term.

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

☆ Asia markets set to fall as investors watch Japan and South Korea data; U.S. inflation numbers on horizon
▼ + stars: | 2023-09-13 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets are largely set for a weaker open as investors assess key economic data out of Japan and South Korea. South Korea's unemployment rate in August came in at 2.4%, its lowest since June 1999. Meanwhile, corporate confidence in Japan fell in September, among both manufacturers and non-manufacturers, according the Reuters Tankan poll. Confidence among large manufacturers slid to +4, from +12 in August. The non-manufacturers index dropped nine points to hit +23 in September.

Organizations: Reuters Locations: Asia, Pacific, Japan, South Korea, South

☆ CNBC Daily Open: Markets were on mute for Apple’s new iPhones
▼ + stars: | 2023-09-13 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

An attendee looks at the brand new Apple iPhone 15 during an Apple event on September 12, 2023 in Cupertino, California. 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. New iPhones, old pricesApple announced the iPhone 15 and iPhone 15 Pro, both of which come in a bigger Plus variety, at its annual launch event Tuesday. Surprisingly, Apple kept the price of the iPhone 15 Pro unchanged from last year at $999.

Persons: Apple, Elon Musk, Elizabeth Warren, Vladimir Putin Organizations: Apple, CNBC, Oracle, Nasdaq, U.S, Google, Justice, Elon, SpaceX Locations: Cupertino , California, Asia, Pacific, U.S, Russian, Argentina

☆ Asia stock markets weaken amid ongoing retreat from Chinese property sector
▼ + stars: | 2023-09-11 | by ( Scott Murdoch | Thomson Reuters | Scott Murdoch Has Been A Journalist For More Than Two Decades Working For Thomson Reuters | ) www.reuters.com time to read: +5 min

A man walks past an electronic board showing Japan's Nikkei average and stock prices outside a brokerage, in Tokyo, Japan, March 17, 2023. Australian shares (.AXJO) reversed earlier losses to be up 0.12% and Japan's Nikkei stock index (.N225) slid 0.19%. The Hang Seng Property Index (.HSNP), a gauge of Hong Kong's top developers, shed almost 4% while the mainland property index (.HSMPI) was off 3.24%. "We need the property market to stabilize first in order for any meaningful kind of economic rebound to happen in China," said David Chao, Invesco's Asia Pacific market strategist. Those should put a floor under the property market some time soon."

Persons: Androniki, David Chao, Daniel Zhang, Brent, Scott Murdoch, Edwina Gibbs, Simon Cameron, Moore Organizations: Nikkei, REUTERS, Rights, Alibaba, HK, Index, Chevron, Thomson Locations: Tokyo, Japan, Asia, China, Pacific, Hong Kong, Asia Pacific, Beijing, Shanghai, Shenzhen, United States, Wells, Australia, Sydney

☆ European stocks higher in busy week for global economic data; miners up 2.7%
▼ + stars: | 2023-09-11 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European markets climbed Monday morning, kicking off a busy week of economic data releases around the world. Basic resources gained 2.7%, as stocks including Anglo American and Rio Tinto traded higher following gains in metals prices. European marketsInvestors are looking forward to key U.S. inflation data in the week ahead, with the latest consumer price index due Wednesday and producer price index Thursday. The readings come after a string of stronger-than-expected economic data points last week renewed worries that the U.S. Federal Reserve could raise rates more than previously expected. Asia-Pacific markets are also gearing up for big data releases this week.

Persons: Brendan McDermid Organizations: Rio Tinto, Investors, U.S . Federal, Traders, Reuters, Central Bank's Locations: London, Europe, Asia, Pacific, India, China

☆ Asia markets poised for mixed open ahead of Japan's trade balance; Hong Kong may pause trade
▼ + stars: | 2023-09-08 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets are set for a mixed open as Japan releases its trade balance for July, as well as its revised second quarter gross domestic product figures. Hong Kong markets may see limited trading today after the city's observatory issued a "black rainstorm" warning. Under Hong Kong Exchange guidelines, the pre-opening session will be cancelled if a black rainstorm warning is in force after 7 a.m Hong Kong time. Should it be lifted before 9 a.m., the morning session will begin on the first half hour at least two hours after the discontinuation of the signal. Should the signal still be in force after 9 a.m., the morning session will be cancelled, and if it extends beyond 12 p.m., there will no trading for the day.

Organizations: Hong, Hong Kong Exchange Locations: Asia, Pacific, Japan, Hong Kong

☆ Asia markets mixed ahead of trade data from China and Australia
▼ + stars: | 2023-09-07 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

A view of the automated container port in Qingdao in east China's Shandong province. Zhang Jingang | Future Publishing | Getty ImagesAsia-Pacific markets were mixed on Thursday, following a sell off on Wall Street and ahead of trade data from China and Australia. In Australia, the S&P/ASX 200 slid 0.45% ahead of its August trade data release. Japan's Nikkei 225 rose marginally after eight straight days of gains, while the Topix was 0.1% higher. Futures for Hong Kong's Hang Seng index were mostly flat and stood at 18,449, compared with the HSI's close of 18,449.98.

Persons: Zhang Jingang, Kospi Organizations: Getty, Reuters, Nikkei Locations: Qingdao, Shandong province, Asia, Pacific, China, Australia

☆ CNBC Daily Open: Input prices are going up
▼ + stars: | 2023-09-07 | 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. Stocks sold offU.S. stocks experienced a sell-off and all major indexes closed in the red. China's trade isn't picking upChina's trade activity fell again in August, though not as badly as feared. In U.S. dollar terms, exports fell by 8.8% from a year ago, compared with the 9.2% forecast.

Persons: Stocks, Australia's, Bob Iger, Bob Chapek, Alex Sherman Organizations: CNBC, Treasury, Nikkei, Apple, U.S . Securities, Exchange Commission, Disney, Apple China, European Commission Locations: U.S, Asia, Pacific

☆ Asia markets mixed after Saudi Arabia and Russia extend oil cuts
▼ + stars: | 2023-09-06 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Storage tanks and oil processing facilities operate beside the Arabian Sea at Saudi Aramco's Ras Tanura oil refinery and terminal in Ras Tanura, Saudi Arabia, on Monday, Oct. 1, 2018. The upcoming OPEC+ meeting in Vienna will result in an oil production cut "of some historic kind", said CIO of Pickering Energy Partners, Dan Pickering. Asia-Pacific markets are mixed after Saudi Arabia and Russia extended voluntary oil production cuts to the end of the year. Saudi Arabia will extend its cut of 1 million barrels per day until the end of December, while Russia will reduce its oil exports by 300,000 barrels per day. Brent crude futures settled at $90.04 a barrel, closing above the $90 mark for the first time since November.

Persons: Dan Pickering Organizations: Pickering Energy Partners, Brent, . West Texas Locations: Saudi, Ras Tanura, Saudi Arabia, OPEC, Vienna, Asia, Pacific, Russia

☆ CNBC Daily Open: Rising oil prices inflame inflation fears
▼ + stars: | 2023-09-06 | 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. Mixed markets in AsiaU.S. stocks fell Tuesday, weighed down by higher oil prices and rising Treasury yields. [PRO] Oversold and overbought stocksThe relative strength index measures the speed and magnitude of stock price moves. It can signal if a stock is oversold, which means it's poised for a bounce, or overbought, suggesting that it's expensive.

Persons: Australia's, Jan Organizations: CNBC, Nikkei, Garden, New York Stock Exchange, Tech, Nvidia, Intel, Samsung, TRM, CNBC Pro Locations: Asia U.S, Asia, Pacific, North Korea

European stocks opened lower Wednesday, as investors focused on oil market moves after Saudi Arabia and Russia extended a set of voluntary oil supply cuts to the end of the year. The regional Stoxx 600 index was down by 0.6% at 8:43 a.m. London time, with most sectors in the red. European marketsAll three major U.S. indexes lost ground as the rise in crude oil prices weighed on stocks late on Tuesday, while Asia-Pacific markets were mixed overnight. Brent crude futures settled at $90.04 a barrel, closing above the $90 mark for the first time since November. U.S. West Texas Intermediate crude futures traded near $86.87 a barrel, also a 10-month high.

Organizations: Brent, . West Texas Locations: Saudi Arabia, Russia, London, Asia, Pacific

☆ CNBC Daily Open: Bitcoin’s still struggling to gain acceptance
▼ + stars: | 2023-09-05 | 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 Shanghai Composite lost 0.72% as the country's service sector logged its slowest expansion in eight months, according to a Caixin survey. Overinvestment in ChinaChina is "overinvested," said Jitania Kandhari, a managing director and deputy chief investment officer at Morgan Stanley. By contrast, India is underinvested, Kandhari said, giving its economy and markets investment opportunities.

Persons: Narendra Modi, China —, Jitania Kandhari, Morgan Stanley, Kandhari, Weizhen Tan Organizations: CNBC, Labor, Shanghai, Indian, BMW, Ford, Mercedes Locations: Miami Beach , Florida, U.S, Asia, Pacific, India, Russia, China, China China, Munich, Germany

☆ Asia markets set for mixed open; Australia and China data closely watched this week
▼ + stars: | 2023-09-04 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Loop Images | Universal Images Group | Getty ImagesAsia-Pacific markets are set for a mixed start to the week as investors look to key data from Australia and China later in the week. The Reserve Bank of Australia will release its rate decision on Tuesday, while China is expected to release its trade balance for August on Thursday and its inflation rate next weekend. In Australia, futures for the S&P/ASX 200 point to a slightly lower open, at 7,274 compared with the last close of 7,278.3. Futures for Hong Kong's Hang Seng index stood at 18,304, pointing to a weaker open compared with the HSI's close of 18,382.06 last Thursday. Hong Kong's markets were closed Friday as the city braced for super typhoon Saola, which made landfall over the weekend.

Organizations: Getty, Reserve Bank of Australia, Nikkei Locations: Melbourne, Australia, Asia, Pacific, China, Hong, Chicago, Osaka

☆ Asia markets set to fall as traders wait for China's factory activity data
▼ + stars: | 2023-09-01 | by ( Lee Ying Shan | ) www.cnbc.com time to read: 1 min

People walk along a promenade next to Victoria harbour in Hong Kong on August 31, 2023, a day before the arrival of Typhoon Saola. (Photo by ISAAC LAWRENCE / AFP) (Photo by ISAAC LAWRENCE/AFP via Getty Images)Asia-Pacific markets are set to fall as traders await China's Caixin manufacturing PMI data, amid a slew of other economic data in the region. In Japan, the Nikkei futures contract in Chicago was at 32,505 while its counterpart in Osaka was at 32,490. Both are lower compared to the Nikkei 225's last close at 32,619.34. In Australia, futures for the S&P/ASX 200 were at 7,237, lower than the index's last close of 7,350.3.

Persons: Saola, ISAAC LAWRENCE Organizations: Getty Images, Nikkei Locations: Victoria, Hong Kong, AFP, Asia, Pacific, Japan, Chicago, Osaka, Australia

☆ Asia markets set for mixed open ahead of China's factory activity data
▼ + stars: | 2023-08-31 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

CFOTO | Future Publishing | Getty ImagesAsia-Pacific markets are set for a mixed open as investors brace for China's August factory activity data. Economists polled are expecting the purchasing managers index to come in at 49.4, representing a softer rate of contraction compared with June's 49.3. Futures for Hong Kong's Hang Seng index stood at 18,544, pointing to a stronger open compared with the HSI's close of 18,482.86. Japan will release its retail sales data, as well as its preliminary industrial output figures for July on Thursday. However, futures for the Australian S&P/ASX 200 point to a lower open, at 7,263 compared with the last close of 7,297.7.

Organizations: Getty, China's, Nikkei Locations: South Korea, Chongqing, China, Asia, Pacific, Chicago, Osaka, Japan

☆ CNBC Daily Open: Jobs growth slowed down. Markets shot up
▼ + stars: | 2023-08-31 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Surveys suggest that despite cooling inflation and jobs gains, Americans remain deeply skeptical of the president's handling of the post-pandemic economy. Photographer: Al Drago/Bloomberg via Getty ImagesThis 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 regain groundU.S. stocks rallied Wednesday on the back of weaker-than-expected economic data, giving the S&P 500 a four-day winning streak. But this could be an opportunity for investors to put their money into other Asian markets, analysts say.

Persons: Al Drago, downwardly, — Organizations: Bloomberg, Getty, CNBC, UBS, Swiss, Credit Suisse, ADP, Japan's Nikkei Locations: Ocean City , New Jersey, US, Swiss, U.S, Asia, Pacific, Shanghai, China

☆ Asia markets set to mirror Wall Street's rise, ahead of Australia's July inflation numbers
▼ + stars: | 2023-08-30 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

High-rise buildings are seen near Victoria Harbour in Hong Kong, China, July 24, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Costfoto | Nurphoto | Getty ImagesAsia-Pacific markets are set to mostly rise, largely mirroring moves on Wall Street as U.S. stocks saw a Nvidia-fueled tech rally on Tuesday. Investors will be bracing for Australia's inflation numbers for July, which is expected to come in at 5.2%, according to a Reuters poll and softer than the 5.4% seen in June. Japan's Nikkei 225 is also set to rise, with the futures contract in Chicago at 32,455 and its counterpart in Osaka at 32,430 against the index's last close of 32,226.97. In contrast, futures for the Australian S&P/ASX 200 point to a marginally lower open, at 7,209 compared with the last close of 7,210.5.

Organizations: Getty, Nurphoto, Nvidia, Nikkei Locations: Victoria Harbour, Hong Kong, China, Asia, Pacific, Chicago, Osaka

☆ Asia markets mostly set to rise as Wall Street comes off winning day, but Australia set to fall
▼ + stars: | 2023-08-29 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets are mostly set to rise as Wall Street came off a winning day on Monday. Names like Meta and Apple traded slightly higher, while Nvidia added 1.8%. Japan's unemployment rate for July also came in higher than expected, at 2.7% compared with the 2.5% expected in a Reuters poll. Futures for Hong Kong's Hang Seng index stood at 18,300, pointing to a stronger open compared with the HSI's close of 18,130.74. However in Australia, futures for the S&P/ASX 200 point to a lower open, at 7,137 compared to the last close of 7,159.

Organizations: Apple, Nvidia, Nikkei Locations: Asia, Pacific, Chicago, Osaka, Australia

☆ CNBC Daily Open: Despite Monday’s bounce, stocks are still wobbly
▼ + stars: | 2023-08-29 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

A trader works on the floor of the New York Stock Exchange during opening bell in New York City on August 21, 2023. 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. Artificial intelligence, human controlArtificial intelligence must be "subject to human control," Microsoft's president and vice-chairman Brad Smith told CNBC in an exclusive interview. Monetizing Google Maps dataGoogle is planning to license solar and environment data to companies, CNBC has learned.

Persons: Hong, Goldman offloads, Goldman Sachs, Goldman, David Solomon, Brad Smith, Smith Organizations: New York Stock Exchange, CNBC, Nikkei, Creative Planning, United Capital Financial Partners, Google, Tesla Energy, Aurora, Nvidia, Sanlam Investments Locations: New York City, Asia, Pacific

☆ Japan's Nikkei down nearly 2%, leading losses in Asia ahead of Powell's Jackson Hole speech
▼ + stars: | 2023-08-25 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

People shopping along the streets of Shinsaibashi in Osaka, Japan. Asia-Pacific markets fell across the board as investors prepared for signals on U.S. monetary policy from central bankers' comments at the Jackson Hole meeting on Friday, including a speech by U.S. Federal Reserve chair Jerome Powell. In Asia, the core inflation rate for Japan's capital Tokyo came in at 2.8% for August, slightly below the 2.9% expected by economists polled by Reuters. The core inflation rate strips out prices of fresh food. Overall inflation for Tokyo was recorded at 2.9%, lower than the 3.2% seen in July.

Persons: Jerome Powell Organizations: U.S . Federal, Reuters Locations: Shinsaibashi, Osaka, Japan, Asia, Pacific, Tokyo

☆ CNBC Daily Open: Jackson Hole anxiety overshadows Nvidia
▼ + stars: | 2023-08-25 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Jerome Powell, Chair of the Federal Reserve, arrives to a dinner at the start of the Jackson Hole Economic Symposium on August 24, 2023 at Grand Teton National Park near Jackson Hole, Wyoming. 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. Rally fizzles outU.S. stocks closed lower Thursday as an earlier Nvidia-sparked rally fizzled out, while Treasury yields climbed higher. But there are other market themes that investors should know about, according to Goldman Sachs.

Persons: Jerome Powell, paring, CNBC's Lucy Handley, Singh Puri, CNBC's Tanvir Gill, Puri, Goldman Sachs Organizations: Federal Reserve, Jackson, Grand Teton, CNBC, Nvidia, Nikkei, AMD, Intel, Petroleum, Natural Gas Locations: Jackson Hole , Wyoming, Asia, Pacific, China, Europe, India, Moscow

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