Reply To: Traders Market Weekly: Eyes Up on Retail and Inflation

#36665
Truman
Participant

Equity indices in the Asia-Pacific region ended Thursday on a lower note. The Bank of Japan’s summary of opinions for April noted that reaching the 2.0% CPI target will be difficult since the current inflation is driven by temporary factors. A People’s Bank of China vice governor said that support for the real economy will be increased. South Korea will reportedly eliminate capital gains taxes for most shareholders. POSCO will invest KRW25 trln in its battery business over the next eight years.

—Equity Markets—

Japan’s Nikkei: -1.8%
Hong Kong’s Hang Seng: -2.2%
China’s Shanghai Composite: -0.1%
India’s Sensex: -2.1%
South Korea’s Kospi: -1.6%
Australia’s ASX All Ordinaries: -1.9%