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Trading in the Asia-Pacific market was mostly higher on Monday as investors parsed Japan’s fourth-quarter economic growth data while awaiting a series of central bank decisions in the region this week.
Japanese Nikkei 225 Trading around the plane line, while Topix increased by 0.15%. South Korea kospi This was 0.18% increase, and the small kosdaq increased by 0.35%.
Japan’s economic expansion The fourth quarter beat analyst expectations Preliminary government data showed on Monday for a quarter of quarterly and annualized growth. GDP grew by 2.8% per year, surpassing Reuters’ estimate of 1%.
The yen strengthened trade with the Green Guard at 151.95.
Australia S&P/ASX 200 Slide 0.64%.
Hong Kong’s Hang Seng Index rose 1.49%. The Hang Seng Tech index tracked the 30 largest technology companies listed in Hong Kong, up 1.73%. Mainland China’s CSI 300 climbs 0.34%
Thailand also plans to release its fourth-quarter GDP data later that day.
The Reserve Bank of Australia has begun a two-day meeting that could lower interest rates on Tuesday. Central banks in Indonesia and New Zealand are also expected to announce their ratio decisions on Wednesday.
In the United States, the three main averages ended Friday. this Dow Jones Industrial Average Save 165.35 points, or 0.37%, close 44,546.08. this S&P 500 Leaning 0.01% to 6,114.63, while Nasdaq Composite Materials 0.41% increase at 20,026.77 close.
Each week, three major averages record earnings, and sentiment improves as more certainty around the U.S. president Donald Trumpand the new inflation data are more constructive than originally expected. Traders also shrugged Friday, showing a 0.9% downturn January retailworse than Dow Jones’s expected 0.2% drop.
– Pia Singh and Lisa of CNBC understand the customs of this report.
