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Stock market: Asia closes mixed, Tokyo slips - Breaking news

2024-03-11T07:18:05.924Z

Highlights: Stock market: Asia closes mixed, Tokyo slips - Breaking news. Investors' attention is on U.S. inflation coming Tuesday. The opening of Wall Street is brought forward to 2.30pm until March 29th due to the changeover to summer time in the US. Poor day of macroeconomic data. Retail sales are expected from Spain. In the United States, President Joe Biden presents the new budget law. In New York the Fed's inflation expectations. In Tokyo, the yen appreciated against the dollar, at 146.90, and against the euro at 160.70.


Asian stock markets close mixed, weighed down by Tokyo, with the jump in the yen and while there is a bet on the central bank's rate increase. Investors' attention is on U.S. inflation coming Tuesday. (HANDLE)


Asian stock markets close mixed, weighed down by Tokyo, with the jump in the yen and bets on the central bank's rate increase.

Investors' attention is on US inflation coming Tuesday.

The opening of Wall Street is brought forward to 2.30pm until March 29th due to the changeover to summer time in the US.


    Tokyo is in sharp decline with the Nikkei index dropping 2.19% to 38,820 points.

On the currency front, the yen appreciated against the dollar, at 146.90, and against the euro at 160.70.

While trading is still ongoing, Seoul (-0.8%) and Mumbai (-0.5%) are also down.


   China was positive with Shanghai (+0.6%), Shenzhen (+1.9%) and Hong Kong (+1.3%).


    Poor day of macroeconomic data.

Retail sales are expected from Spain.

In the United States, President Joe Biden presents the new budget law.

In New York the Fed's inflation expectations.


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Source: ansa

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