Reply To: Traders Market Weekly: Bear Jitters as Risk Factors Deepen


Equity indices in the Asia-Pacific region began the week on a mostly higher note.

China reported weaker than expected economic figures for April, reflecting the impact of strict coronavirus restrictions.
Shanghai’s vice mayor reportedly indicated that businesses in his city are reopening gradually.
Japan’s PPI was up 10.0% yr/yr in April, representing the sharpest growth rate since late 1980.
South Korea’s President Yoon acknowledged the impact of inflation and higher interest rates when speaking about the government’s planned extra budget of KRW59.4 trln.

Japan’s Nikkei: +0.5%
Hong Kong’s Hang Seng: +0.3%
China’s Shanghai Composite: -0.3%
India’s Sensex: +0.3%
South Korea’s Kospi: -0.3%
Australia’s ASX All Ordinaries: +0.3%