"Global Markets Await Rate Decisions, China Loans, and US Inflation Data"
Originally Published 1 year ago — by Reuters
Asian markets are focused on interest rate decisions in New Zealand and Thailand, as well as Chinese bank lending figures, following a lackluster performance on Wall Street. Japan's Nikkei 225 is looking to test 40,000 points again, while the yen's slide towards 152 per dollar may prompt verbal intervention from Japanese authorities. Investors are hoping for signs of recovery in Chinese bank lending figures for March, and both the Reserve Bank of New Zealand and Bank of Thailand are expected to keep key rates unchanged, with signals about future policy paths being crucial for local asset markets.
