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☆ European markets head for flat open as investors gauge China's Covid relaxation, oil moves
▼ + stars: | 2022-12-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European markets are heading for a tepid open on Monday, bucking a positive trend in Asia-Pacific markets overnight, where shares rose on Monday as China relaxed Covid testing rules in some cities and signaled more easing may come. Oil prices rose 2% before paring gains to trade around 1% higher as OPEC+ stuck to its policy of lowering oil production and as China relaxed some of its Covid rules. The alliance of OPEC and non-OPEC producers agreed to stay the course on output policy ahead of a pending ban from the European Union on Russian crude. European markets closed lower Friday, influenced by a decline in U.S. markets as investors digested the latest U.S. jobs data that showed payrolls rose by 263,000 in November, a bigger gain than expected. It was the final monthly employment report before the Fed's two-day meeting on Dec. 13-14, in which the central bank is expected to slow to a 50 basis point interest rate hike from the 75 basis point hikes seen in recent months.

☆ Asia-Pacific markets slip ahead of China factory activity data
▼ + stars: | 2022-11-30 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

Workers work on a speaker production line at Luyang Electronics Co LTD in Fuyang City, Anhui Province, China, Oct 31, 2022. Asia-Pacific shares fell on Wednesday ahead of the release of data on China's November factory activity, in which analysts are expecting to see a contraction for the second time in a row. The Nikkei 225 in Japan fell 0.52% and Topix slipped 0.42%. The MSCI's broadest index of Asia-Pacific shares outside Japan was 0.14% lower. Japan's Fast Retailing and electric-vehicle maker Xpeng are set to report earnings, and Fed Chair Jerome Powell will be delivering a speech at the Brookings Institution on Wednesday.

☆ Hoping to beat the tourist crowd on your trip to Japan? That ship has sailed
▼ + stars: | 2022-11-29 | by ( Abigail Ng | ) www.cnbc.com time to read: +5 min

I thought I managed to beat the tourist crowds on my recent trip to Japan. Visitors gather on a terrace near the Kiyomizu-dera to watch the sunset and autumn leaves in Kyoto, Japan. In the months before those rules were lifted on Oct. 11, there were fewer traffic jams and queues, said Aw. Tokudaw's Aw said bookings with her company remain strong for the year-end period, at around 85% of pre-Covid levels. Travel, however, told CNBC Travel that its customers from Singapore have made bookings all the way through to April.

☆ Asia-Pacific markets set to trade mixed; U.S. markets closed for Thanksgiving
▼ + stars: | 2022-11-25 | by ( Jihye Lee | ) www.cnbc.com time to read: 1 min

Shares in the Asia-Pacific are set for a mixed open as investors await economic data from the region, including Tokyo's consumer price index and Singapore's final gross domestic product readings. Markets in the U.S. were closed for the Thanksgiving holiday and will close early on Friday. In Australia, the S&P/ASX 200 in Australia rose 0.15%. The Nikkei futures contract in Chicago was at 28,370 while its counterpart in Osaka was at 28,380 – slightly lower than the Nikkei 225's last close at 28,383.09.

☆ Asia-Pacific markets set to rise as Fed minutes hint at smaller hikes ahead
▼ + stars: | 2022-11-24 | by ( Jihye Lee | ) www.cnbc.com time to read: 1 min

Markets in the Asia-Pacific are set to trade higher as the U.S. Federal Reserve officials said they expect to switch to smaller rate hikes "soon," according to minutes released on Wednesday. The Bank of Korea is expected to deliver a scaled back rate hike of 25 basis points, according to economists polled by Reuters. The S&P/ASX 200 in Australia rose 0.2% after stocks on Wall Street rose mildly following the Fed minutes release. The Nikkei futures contract in Chicago was at 28.355 and its counterpart in Osaka was at 28,350 – higher than the Nikkei 225's last close at 28,115.74.

☆ Asia-Pacific markets mixed as investors weigh risks
▼ + stars: | 2022-11-22 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

People walk past the Tokyo Stock Exchange (TSE) on October 01, 2020 in Tokyo, Japan. Shares in the Asia-Pacific were set to rise on Tuesday as investors weigh risks. In Australia, the S&P/ASX 200 rose 0.5% ahead of central bank governor Philip Lowe's speech at the Committee for Economic Development of Australia. The Kospi and the Kosdaq in South Korea each fell 0.34%. MSCI's broadest index of Asia-Pacific shares outside Japan was about flat.

☆ Asia-Pacific markets set to inch higher ahead of China's lending rate decision
▼ + stars: | 2022-11-21 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

A man looks at his smartphone as he walks past the People's Bank of China building on May 20, 2022 in Beijing. Shares in the Asia-Pacific were set to rise on Monday as analysts expect China's central bank to keep its benchmark lending rates, or loan prime rates, on hold, according to a Reuters poll. The Nikkei futures contract in Chicago was at 27,930 while its counterpart in Osaka was at 27,970. That compared against the Nikkei 225's last close at 27,899.77. Over the weekend, Malaysia's election produced a hung parliament, and parties are trying to win support from other blocs to form the government.

☆ Asia-Pacific markets to trade mixed with a slew of economic data ahead
▼ + stars: | 2022-11-17 | by ( Jihye Lee | ) www.cnbc.com time to read: 1 min

Shares in the Asia-Pacific are set to trade mixed as a number of economic data is slated to be released in the region. Japan will release trade balance data for October, which analysts are expecting to see a $11 billion trade deficit, according to a Reuters poll. Australia's S&P/ASX 200 gained 0.12% in its first hour of trade, as the country awaits its latest unemployment data later in the day. The Nikkei futures contract in Chicago was at 27,930 while its counterpart in Osaka was at 27,920, slightly lower than the Nikkei 225 's last close at 28,028.30.

☆ Asia-Pacific markets trade mixed as second day of G-20 underway
▼ + stars: | 2022-11-16 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

Shares in the Asia-Pacific were mixed on Wednesday as world leaders gather in Bali, Indonesia for a second day of the Group of 20 summit. Investors will be closely watching for more details after Polish authorities said a Russian-made missile killed two citizens and an investigation is underway. The Nikkei 225 and the Topix in Japan were about flat. MSCI's broadest index of Asia-Pacific shares outside Japan was slightly below the flatline. Economists surveyed by Reuters expect the benchmark interest rate to be raised by 50 basis points to 5.25%.

☆ Asia-Pacific markets little changed ahead of China activity data release
▼ + stars: | 2022-11-15 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

A man walks past the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Nov. 30, 2020. Shares in the Asia-Pacific were little changed on Tuesday ahead of a slew of economic data from China, and following the meeting between U.S. President Joe Biden and Chinese President Xi Jinping. The Nikkei 225 in Japan was slightly lower. Japan's economy unexpectedly contracted in the third quarter, official data showed. China is set to report industrial production and retail sales data.

☆ Asia-Pacific markets set to trade mixed after Friday's rally
▼ + stars: | 2022-11-14 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets were set to trade mixed on Monday after closing the previous week with a big rally as U.S. consumer prices rose less than expected and China announced some easing of its Covid measures. The Hang Seng index saw the best day since March 16. Despite the number of Covid cases in China surging last week, markets latched onto the "symbolism of the movement, however small," referring to the changes, according to Ray Attrill of National Australia Bank.

☆ Asia-Pacific markets fall ahead of U.S. inflation data
▼ + stars: | 2022-11-10 | by ( Lee Ying Shan | ) www.cnbc.com time to read: 1 min

Shares in the Asia-Pacific fell Thursday as investors await U.S. inflation data, a key metric closely watched by the Federal Reserve, and as U.S. midterm results continue to roll in. The Nikkei 225 in Japan shed 0.9% in early trade and the Topix declined 0.65%. In South Korea, the Kospi dropped 0.53%. MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.2%. In Australia, the S&P/ASX 200 was down 0.43%.

☆ Asia-Pacific markets rise as U.S. awaits midterm election results; China inflation data ahead
▼ + stars: | 2022-11-09 | by ( Jihye Lee | ) www.cnbc.com time to read: 1 min

Asia-Pacific stocks are set to rise as investors await the results of the United States midterm elections and a slew of economic data is expected, including China's inflation data. The Nikkei 225 in Japan was marginally higher while the Topix was fractionally lower. The Kospi in South Korea gained 0.36% and the Kosdaq gained 0.27%. In Australia, the S&P/ASX 200 rose 0.39% in the first hour of trade.

☆ Asia markets slip ahead of U.S. jobs report
▼ + stars: | 2022-11-04 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Pedestrians cross a road in front of the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Oct. 29, 2020. Asia-Pacific markets opened lower on Friday as markets continued to process the U.S. Federal Reserve's 75 basis point interest rate hike. The monthly U.S. employment report is scheduled to be released later. Economists expect 205,000 jobs were added in October, and forecast the unemployment rate remained at 3.5%, according to Dow Jones. The S&P 500 lost 1.06% to finish at 3,719.89, while the Nasdaq Composite shed 1.73% to settle at 10,342.94.

☆ Asia-Pacific markets set to trade mixed ahead of Fed rate decision
▼ + stars: | 2022-11-02 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

Pedestrians cross a road in front of an electronic quotation board displaying the numbers of company stock prices on the Tokyo Stock Exchange in Tokyo on May 13, 2021. Shares in the Asia-Pacific poised for a mixed session on Wednesday as the Federal Reserve is expected to raise interest rates by 75 basis points. The Bank of Japan is expected to release its September meeting minutes and Fast Retailing is set to report sales for Uniqlo in Japan. In Australia, the S&P/ASX 200 traded 0.31% higher. South Korea's inflation inched higher to 5.7% in October, higher than 5.6% forecasted by analysts in a Reuters poll.

☆ Asia-Pacific markets mixed ahead of RBA decision, private survey on China's factory activity
▼ + stars: | 2022-11-01 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

Office employees walk in front of the Reserve Bank of Australia in Sydney on September 4, 2018. Shares in the Asia-Pacific set to inch higher on Tuesday ahead of Australia's central bank decision and the results of a private survey on Chinese factory activity. The Fed's meeting also begins on Tuesday stateside. The Nikkei 225 in Japan gained 0.15% while the Topix also rose 0.23%.The Kospi in South Korea also rose 0.28%. In Australia, the S&P/ASX 200 was fractionally lower as analysts expect the Reserve Bank of Australia to raise interest rates by 25 basis points, according a Reuters poll.

☆ Asia-Pacific markets set to rise ahead of China factory activity data
▼ + stars: | 2022-10-31 | by ( Abigail Ng | ) www.cnbc.com time to read: +1 min

Pedestrians cross a street in front of the Tokyo Stock Exchange, operated by Japan Exchange Group, in Tokyo, Japan. Shares in the Asia-Pacific are set to rise on Monday ahead of China's factory activity data that's slated to be released, and as markets look ahead to the U.S. Fed meeting later this week. On Friday in the U.S., major stock indexes jumped 2% each on optimism that inflation may be slowing. Later this week, the Federal Reserve will hold its policy meeting and announce its interest rate decision. Several countries will report inflation data this week.

☆ Asia-Pacific markets fall; Bank of Japan expected to keep rates unchanged
▼ + stars: | 2022-10-28 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

The Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Monday, April 25, 2022. Shares in the Asia-Pacific fell ahead of the Bank of Japan's interest rate decision and a slew of companies in the region reporting earnings. The Nikkei 225 in Japan fell 0.89% in early trade, while the Topix dipped 0.51%. The Bank of Japan is expected to keep rates at ultra-low levels, according to forecasts in a Reuters poll. Some Chinese airlines listed in Hong Kong will report earnings, along with electric vehicle maker BYD.

☆ Asia-Pacific markets mixed; South Korea economy grows slowest in year
▼ + stars: | 2022-10-27 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

Shoppers at the shopping street in Hongdae district in Seoul, South Korea, on Saturday, July 2, 2022. Shares in the Asia-Pacific were mixed Thursday as investors digest economic data in the region. The MSCI's broadest index of Asia-Pacific shares outside Japan was 0.51% higher. South Korea's third-quarter GDP grew 0.3% from the previous quarter, according to official advance data – the slowest growth since the third quarter of 2021. China is due to report industrial profits for September and the Bank of Japan begins its two-day meeting on monetary policy Thursday.

☆ European markets set to edge lower after hitting five-week high
▼ + stars: | 2022-10-26 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

European markets were on course to open Wednesday marginally lower, with corporate earnings season in full swing and a European Central Bank meeting ahead. However, banking stocks closed down 0.3% amid mixed earnings, with UBS beating market expectations but seeing profits slide. Deutsche Bank reported early Wednesday, and also surpassed analyst forecasts. Other European companies to report include Barclays, Standard Chartered , Mercedes Benz , Heineken and Reckitt Benckiser . Asia-Pacific markets were higher on Fed expectations and comments from the China Securities Regulatory Commission on creating a "regulated, transparent open, lively and resilient" market.

☆ Australia inflation hits highest in 32 years; Asia-Pacific markets rise
▼ + stars: | 2022-10-26 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

Shares in the Asia-Pacific rose Wednesday as sentiment overnight improved over the Fed potentially turning less aggressive. In Australia, the S&P/ASX 200 rose 0.34% ahead of the report before trading almost flat. The Nikkei 225 in Japan rose 0.87% in early trade, and the Topix gained 0.79%. MSCI's broadest index of Asia-Pacific shares outside Japan ticked marginally higher. In corporate news, Standard Chartered, Ping An , and SK Hynix are among the companies slated to report earnings Wednesday.

☆ Asia-Pacific markets mostly rise after Wall Street's second positive session
▼ + stars: | 2022-10-25 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

A man walks past the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Nov. 30, 2020. Stocks in the Asia-Pacific rose in early trade Tuesday after Wall Street's second straight positive session. South Korea's Kospi was just above the flatline, while the Kosdaq gained 0.44%. The MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.14%. Singapore is due to release inflation data on Tuesday, while HSBC is reporting earnings.

☆ Asia-Pacific markets rise; Japan's yen weakens despite reports of intervention
▼ + stars: | 2022-10-24 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Oct. 29, 2020. Shares in the Asia-Pacific climbed Monday after U.S. stocks soared on Friday following a Wall Street Journal report that some Fed officials are concerned about tightening policy too much. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.7% higher. Authorities in Japan reportedly intervened in the forex market on Friday, causing the yen to strengthen sharply. On Monday in Asia, the currency briefly strengthened to 145-levels but was last at 148.27 per dollar.

☆ Asia's energy supply looks secure — even as Europe scrambles
▼ + stars: | 2022-10-21 | by ( Su-Lin Tan | ) www.cnbc.com time to read: +4 min

On Tuesday, the EU steered away from a proposed price cap on Russian gas as it laid out new measures to tackle high energy prices. Overall LNG imports fell 7% year-on-year. Overall LNG imports fell 7% year-on-year. The decrease in LNG imports for Japan, Pakistan and India were 17%, 73% and 22% respectively, the IEA said. However, there is a clear increase month on month of coal power generation," IEEFA energy finance analyst Ghee Peh said.

☆ Asia-Pacific markets slip as investors weigh inflation data; yen at 150-levels
▼ + stars: | 2022-10-21 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

A customer in front of a drugstore in Tokyo, Japan, on Wednesday, Oct. 19, 2022. Shares in the Asia-Pacific traded lower on Friday as investors await inflation data from several economies. The Nikkei 225 in Japan slipped 0.24% in early trade and the Topix lost 0.33%. Japan's yen weakened further to touch 150.28 overnight after hitting 150 against the dollar on Thursday. Japan's core consumer prices for the month of September rose 3% compared to a year ago, while Hong Kong and Malaysia are slated to release its inflation data later in the day.

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