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Economic Readings

All articles tagged with #economic readings

finance1 year ago

"Sticky Inflation Sparks BOJ Jitters, Asian Stocks Retreat"

Most Asian stocks retreated as caution persisted before key economic readings, with Japan’s Nikkei 225 falling from record highs after slightly stronger-than-expected inflation data fueled fears that the Bank of Japan may end its ultra-dovish policies. Broader Asian markets also retreated before a string of key inflation and business activity readings this week, with China's rebound stalling as markets awaited signs of actual improvement in the economy.

finance2 years ago

"Asia-Pacific Stocks Plunge Amid China Weakness and Data-Heavy Week"

Asian stocks fell, led by Chinese stocks, as weak signals from China and anticipation of key economic readings this week kept markets on edge. China's economic engines remained under pressure, raising concerns over the need for more stimulus measures. Australian commodity stocks were hit by concerns over China's role as a dominant trading destination. Weak PMIs in Japan, the euro zone, and the US added to worries about slowing global economic growth. This trend could invite further weakness in Asian markets if investors lock-in recent profits.