Asia-Pacific markets traded lower Monday, after U.S. jobs report on Friday dampened investors' hopes for early interest rate cuts by the Federal Reserve.
Hong Kong's Hang Seng Index fell 1.6%, trading below 19,000 for the first time since last September, data from LSEG showed. Mainland China's benchmark CSI 300 dropped 0.75%, having closed at its lowest level since September 2024 on Friday.
China is slated to release its December trade data later in the day, while India is expected to report its inflation numbers.
Japan markets are closed for a holiday. South Korea's Kospi
lost 0.85% while the Kosdaq dipped 0.53%.
Australia's S&P/ASX 200 fell 1.17%.
Investors in Asia will continue to keep an eye on Chinese bond yields after the country's central bank suspended purchases of government bonds last Friday. China's 10-year bond yield plunged to a record low this month.
The country's onshore yuan hit a 16-month low against the dollar last week, while the offshore yuan has been on a multi-month slide since last September.
Looking to the rest of this week, the Bank of Korea is expected to meet this Thursday, and Australia is slated to post its unemployment rate for December on the same day. China will be posting its GDP for the fourth quarter of 2024 on Friday, alongside retail sales and industrial output data.(Cay) newsmaker23
Source: CNBC
European stocks ended mixed on the last trading day of the year. The pan-European Stoxx 600 index closed a shortened trading session 0.1% lower on Wednesday, with most sector indexes in negative terr...
Stocks were little changed Wednesday as Wall Street got ready to close out a bumper year for equities. Stocks are riding a three-session losing streak, although the declines have been mild and the S&...
Happy New Year 2026 Newsmaker.id...
European equities traded at all-time highs on the final day of 2025, setting the stage for their strongest year since 2021, driven by gains in banks and miners. The STOXX 50 rose 0.5% to near a record...
US stock futures edged lower on the final trading day of 2025, as markets prepared to close a turbulent year marked by uncertainty over President Trump's tariffs and enthusiasm around AI-driven gains....
Oil prices fell on Wednesday (December 31st), posting a nearly 20% annual loss, as expectations of oversupply grew in a year marked by war, higher tariffs, increased OPEC+ production, and sanctions against Russia, Iran, and Venezuela. Brent crude...
Gold (XAU/USD) prices fell slightly on the final trading day of 2025, trading near $4,310 per troy ounce during Wednesday's European session. Non-yielding precious metals, including gold, lost ground after the minutes of the Federal Open Market...
European stocks ended mixed on the last trading day of the year. The pan-European Stoxx 600 index closed a shortened trading session 0.1% lower on Wednesday, with most sector indexes in negative territory. The U.K.'s FTSE 100 ended the day down...
Tensions between Iran and Israel have escalated again after a series of military escalations involving airstrikes and missile retaliation. Iranian...
President Donald Trump said the US attacked a facility inside Venezuela, which would be a significant escalation in his campaign against alleged...
President Donald Trump held a phone call with Russian President Vladimir Putin on Monday to discuss efforts to end the war in Ukraine, according to...
The US Federal Reserve agreed to cut interest rates at its December meeting only after a highly nuanced debate about the current risks facing the US...