A look at the day ahead in Asian
markets. Signs of fatigue on Wall Street and mixed Chinese inflation data
will set the tone for Asian markets on Monday, with growing
expectations of a. -March 10, 2024 at 06:35 pm EDT
- MarketScreener
Signs of fatigue on Wall Street and mixed Chinese inflation data will set the tone for Asian markets on Monday, with growing expectations of a landmark policy change later this month from the Bank of Japan also likely to drive the Nikkei and yen. Inflation data from China on Saturday showed that consumer price inflation was notably higher than expected, but producer price deflation accelerated once again. But the producer price index fell 2.7% year-on-year, more than forecast and the 17th consecutive month that prices have declined on an annual basis.
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