Nikada
Japan (NKY:IND) +2.52% Japan’s GDP shrinks more than expected in third quarter.
China (SHCOMP) +0.55%. China industrial production & retail sales rise, beats expectations in Oct; jobless rate steady at 5%.
People’s Bank of China injects more cash to support the weak economy, keeps rates unchanged.
Hong Kong (HSI) +3.80%.
India (SENSEX) +0.91%.
Australia (AS51) +1.42%. Australian Q3 Wage Price Index +1.3% q/q (vs. expected +1.3%).
New Zealand data: Card retail sales -0.7% m/m in October (prior -0.8%).
In the U.S. on Monday, all three major indexes ended higher, amid mounting confidence that a tightening cycle from the Fed may finally be over following lower-than-expected US CPI data, pressuring Treasury yields.
U.S. stock futures edged higher on Wednesday after the major averages staged a strong rally in the last regular session: Dow +0.14%; S&P 500 +0.18%; Nasdaq +0.21%.
On the geopolitical front, a meeting between US President Joe Biden and Chinese President Xi Jinping in San Francisco today could provide cues on Sino-US relations.
Currencies: (JPY:USD), (CNY:USD), (AUD:USD), (INR:USD), (HKD:USD), (NZD:USD).