"Nikkei's Record Rally Defies Asian Market Trends"
TL;DR Summary
Japan's Nikkei index reached a 34-year high, while Chinese inflation data and other key economic indicators across Asia will influence market sentiment. Chinese producer price inflation is expected to continue its negative trend, indicating deflationary pressure, while trade activity is anticipated to have improved. In India, industrial production and inflation figures will be released. HSBC's fixed income team favors India for emerging market local sovereign debt in 2024, expecting increased foreign demand for Indian government bonds.
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- Asia markets fall as China annual exports drop, Japan bucks the trend to extend record rally CNBC
- Japan stocks soar to highs not seen since 1990 | REUTERS Reuters
- Asian stocks mixed after US, China CPI surprise; Nikkei extends rally By Investing.com Investing.com
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