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Asia-Pacific markets advance as yields surge; eyes turn to Fed’s Jackson Hole symposium

August 22, 2023
Source: seekingalpha.com seekingalpha.com
News Snapshot:
Japan +0.92%. BOJ Governor Kazuo Ueda met with Prime Minister Fumio Kishida to discuss economic developments but the talks did not involve the yen’s volatility. China +0.37%. Mainland stock struggling for clear direction as economic uncertainties in China continued to weigh on sentiment. Hong Kong +0.50%. Hong Kong’s inflation rate slowed more than expected in July, coming in at 1.8% compared to the 2% expected by economists. India +0.12% Australia +0.05%. ANZ Roy Morgan weekly consumer confidence 79.0 (prior 81.4). Indonesia posted a current account deficit of USD 1.93 billion (0.5% of GDP) in the second quarter of 2023, reversing...
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China Tech Buzz Topics: ASIA | Australia | China | consumer | data | Economy | Hong Kong | India | Indonesia | inflation | Japan | nasdaq | Oil | Pacific | stock | stock market | technology | Texas | Three | trade | U.S.

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