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Home » Asia-Pacific markets mostly in red ahead of economic data release
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Asia-Pacific markets mostly in red ahead of economic data release

Business Circle TeamBy Business Circle TeamFebruary 13, 2023Updated:August 21, 2025No Comments2 Mins Read
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Asia-Pacific markets mostly in red ahead of economic data release
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Japan -0.88% Yen stays risky on BOJ nomination of Economist Ueda

China -0.55%. China’s central financial institution is predicted to set the USD/CNY central charge at 6.8160

Hong Kong +0.66%.

Australia -0.21%

India -0.45%.

Singapore This fall GDP +2.1% y/y (vs anticipated +2.3%), The Financial Authority of Singapore offiical says financial coverage stance is acceptable.

New Zealand knowledge – January Providers PMI rose 2.5 factors to 54.5

U.S. shares had a horrible week. The Nasdaq dropped 0.61% on Friday, giving it a 2.41% loss for the week. The Dow gained 0.5% and the S&P rose 0.2%, however they nonetheless ended the week decrease, with the S&P delivering its worst weekly efficiency in practically two months.

Oil costs eased on Monday after rising 2% within the earlier session as buyers shrugged off the influence of Russian output cuts, as a substitute specializing in short-term demand issues stemming from refinery upkeep in Asia and the US.

Brent crude futures fell 69 cents, or 0.8%, to $85.70 a barrel by 0153 GMT after a 2.2% achieve on Friday. West Texas Intermediate or WTI was at $79.04 a barrel, down 68 cents, or 0.9%, after rising 2.1% within the earlier session.

Gold costs edged decrease on Monday on a firmer greenback as buyers squared positions earlier than U.S. inflation knowledge that might affect the Federal Reserve’s rate-hike roadmap.

Spot gold was down 0.2% at $1,861.95 per ounce, as of 0302 GMT. U.S. gold futures eased 0.1% to $1,872.20. Spot silver fell 0.5% to $21.89 per ounce, platinum misplaced 0.4% to $941.06, whereas palladium rose 0.7% to $1,552.80.

US futures greater. Dow Jones -0.24%; S&P 500 -0.32%; Nasdaq-0.37%.



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