Reply To: Traders Market Weekly: Consumers Along for The Ride


Equity indices in the Asia-Pacific region ended Wednesday on a mostly lower note with Japan’s Nikkei (-1.6%) slipping from a three-week high.

Japan’s Nikkei: -1.6%,
Hong Kong’s Hang Seng: -0.9%,
China’s Shanghai Composite: -0.6%,
India’s Sensex: -0.1%,
South Korea’s Kospi: +0.4%,
Australia’s ASX All Ordinaries: +0.1%

Toyota beat earnings expectations, announced a JPY1 trln buyback, and guided for a slight yr/yr decrease in FY25 global sales.

China Securities Journal speculated about a potential reserve requirement ratio cut this quarter.

The market did not receive any data from the region but China’s trade figures for April will be released overnight.