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Search resuls for: "Judo Bank"


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Japan's Nikkei 225 jumps 2.5% as yen weakens
  + stars: | 2024-10-03 | by ( Anniek Bao | In | ) 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. Japan stocks led Asian markets higher Thursday, after Wall Street inched higher amid rising tensions in the Middle East. Japan's Nikkei 225 opened 2.57% higher while the broad-based Topix added 2%. Australia's seasonally adjusted Judo Bank Composite PMI data came in at 49.6 in September, lower from the 51.7 in August, falling past the 50 neutral mark. Other data on tap include Japan's PMI data for September and August retail sales from Hong Kong.
Persons: Shigeru Ishiba, Ishiba, Kazuo Ueda Organizations: Tokyo Stock Exchange, Japan Exchange Group Inc, Nikkei, U.S, Bank of Japan, PMI, Australian Bureau, Statistics, Economists Locations: Tokyo, Japan, Asia, Hong Kong
Asia-Pacific markets appeared set to trade mixed Thursday, with a slew of economic data from the region on tap, while investors also assess the U.S. Federal Reserve possibly delaying interest rate cuts. In Australia, the S&P/ASX 200 opened marginally higher, up 0.03%, as the nation's Judo Bank composite purchasing managers' index for February showed a return to growth, at 51.8. The monthly index is a leading indicator for business activity in Australia's manufacturing sector. Futures for Hong Kong's Hang Seng index stood at 16,447, pointing to a weaker start compared with the HSI's close of 16,503.1Japan's Nikkei 225 was set to rise as investors awaited the release of Japan's Jibun Bank flash purchasing managers' index. Nikkei futures contract in Chicago was at 38,745 and its counterpart in Osaka was at 38,410 against the index's last close of 38,262.16The Bank of Korea is slated to announce its interest rate decision later, with economists polled by Reuters expecting the bank to hold rates at 3.50%.
Organizations: U.S . Federal, nation's Judo Bank, Futures, Nikkei, Japan's, of, Reuters Locations: Asia, Pacific, Australia, Chicago, Osaka, of Korea
Nicky Loh | Bloomberg | Getty ImagesAsia-Pacific markets are set for a lower open after Wall Street went into the Thanksgiving holiday with a broad based rally. The tech-heavy Nasdaq also saw greater participation, with 62.9% of the stocks in the index rising. The country saw its business activity contract at a faster pace in November, according to flash estimates from Judo Bank. South Korea's Kospi gained 0.18%, on pace for a fourth straight day of gains, while the small-cap Kosdaq also advanced 0.16%. Futures for Hong Kong's Hang Seng index stood at 17,692, pointing to a weaker open compared with the HSI's close of 17,734.6.
Persons: Nicky Loh, Australia's, Korea's Kospi Organizations: Bloomberg, Getty, Wall, New York Stock Exchange, Nasdaq, Judo Bank Locations: Bay, Asia, Pacific, October's
Morning Bid: Try to top that one, Asia
  + stars: | 2023-09-03 | by ( Stephen Culp | ) www.reuters.com   time to read: +2 min
Staff lower Chinese national flag in front of screens showing the index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsSept 4 (Reuters) - A look at the day ahead in Asian markets from Stephen Culp, financial markets journalist. Asian markets have a tough act to follow on Monday - their own. "Clearly, we've seen a significant slowdown in the Chinese economy the last couple of months," said Ryan Detrick, chief market strategist at Carson Group in Omaha. On Thursday, Japan is due to release revised second-quarter GDP data and CPI and PPI reports from China are on deck for Friday.
Persons: Tyrone Siu, Stephen Culp, Ryan Detrick, Saola, Li Qiang, Diane Craft Organizations: REUTERS, Carson Group, Association of Southeast Asian Nations, ASEAN, PMI, CPI, PPI, South Korea CPI, Australia Judo Bank, Thomson, Reuters Locations: Exchange, Hong Kong, China, Shanghai, Shenzhen, Asia, Beijing, Omaha, Guangdong, Macau, Taiwan, India, Japan
View of the Yarra River flowing through Melbourne city centre in Australia. Asia-Pacific markets are set to fall on Tuesday as investors await regional private surveys for factory activity. The PMI index encompasses services and manufacturing, and is seen as a reliable gauge of economic health. Reserve Bank of Australia will release minutes from its February policy meeting, when it hiked interest rates by 25 basis points to 3.35%. In Japan, the Nikkei 225 fell 0.16% and the Topix was marginally lower ahead of the au Jibun Bank Flash Japan Manufacturing PMI.
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