China leaves benchmark lending rates unchanged; Japan stocks briefly touch 33-year highs
Publishing timestamp: 2023-11-20 02:36:39
Summary
The article discusses the performance of Asia-Pacific markets, including Japan's Nikkei 225 reaching a 33-year high and China leaving its benchmark lending rates unchanged. It also mentions the decline in Hong Kong stocks due to Alibaba's decision to not proceed with the spinoff of its cloud group. The article also covers the performance of the S&P 500 and Dow Jones Industrial Average in the US, as well as the Bank of Japan's monetary policy. It mentions Thailand's lower-than-expected GDP growth and the rebound in oil prices. The article concludes with discussions on the "Magnificent Seven" stocks, executives' views on inflation, and the expiration of options contracts.
Sentiment: NEUTRAL
Tickers: .DXY, BABA, GOOGL, .IXIC, AUD=, MSFT, .AXJO, .N225, META, .SPX, @CL.1, NVDA, AAPL, .HSI, JPY=, .KS11, .DJI, .SSEC, AMZN, .SZI, @LCO.1, TSLA,
Keywords: australian dollar/us dollar fx spot rate, australia, kospi index, world markets, usd/jpy, business news, s&p 500 index, dxy us dollar currency index, prices, shenzhen component index, wti crude (mar'23), dow jones industrial average, economic events, asia economy, s&p/asx 200, breaking news: markets, shanghai, nikkei 225 index, markets, hang seng index, nasdaq composite, alibaba group holding ltd, ice brent crude (apr'23), breaking news: asia,
Source: https://www.cnbc.com/2023/11/20/live-markets-asia-markets-set-to-bounce-china-lpr-eyed-.html