(Tiper Stock Exchange) – Most Asian stock markets are trading higher in today’s session, while the price lists of mainland China show declines. Concerns remain about a Chinese economic slowdown, while regional tech stocks have seen some consolidation ahead of Nvidia’s quarterly report.
On the macroeconomic front, the growth in the Japanese private sector accelerated in August, with the services sector again leading the overall expansion, while the manufacturing sector continued to disappoint.
Seat on the riser for Tokyowith the Nikkei 225which advances by 0.48%, continuing the positive series that began last Monday, while, on the contrary, it moves in reverse Shenzhenwhich slipped by 1.11%. Shanghai drops by 0.54%.
Good performance of Hong Kong (+1.11%); below parity Seoul, which shows a decline of 0.50%. On equality mumbai (+0.13%); fractional earnings for Sydney (+0.43%).
slow day forEuro against the Japanese currency, which changes hands with a negligible -0.05%. Composed and controlled rebate for theEuro against the Chinese currency, which shows a drop of 1.36% on the previous values. Substantially flattened on the values prior to the session of theEuro against the Hong Kong dollarwhich is making a moderate +0.08%.
The yield ofJapanese 10-year bond trades 0.68%, while the yield for the Chinese 10-year government bond is equal to 2.56%.
Among the data relevant macroeconomics on Asian markets:
Wednesday 08/23/2023
02:30 Japan: Manufacturing PMI (exp. 49.5 points; previous 49.6 points)
Tuesday 08/29/2023
01:30 Japan: Unemployment rate (previously 2.5%).