Reported about 1 year ago
Investors in Asian markets are starting the week with optimism following positive U.S. jobs figures that support the idea of a 'soft landing.' This has led to lower dollar and bond yields and fueled a 'risk-on' rally in stocks. The markets are at record highs, and despite some concerns like profit-taking and political events, the overall sentiment remains positive. Asian markets, specifically Japan, are performing well. The week ahead includes key events such as central bank meetings in New Zealand, South Korea, and Malaysia, and producer and consumer price inflation figures from China, with U.S. CPI inflation and Federal Reserve Chair Powell's Congressional testimony also impacting global markets.
Source: YAHOO