Garbage boat in Hong Kong at night
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Asia-Pacific markets will fall on Monday after Wall Street’s worst annual meeting last Friday, suggesting U.S. economic data suggests slowing economic speed and inflation.
Australia S&P/ASX 200 The loss was extended to the sixth consecutive time, reducing it by 0.81%.
Futures in Hong Kong Hanging Forest Index The last transaction was priced at 23,397, noting that the open rate was weaker than HSI’s close to 23,477.92 on Friday.
Japanese markets are closed due to public holidays.
Singapore plans to release January inflation numbers later that day. Reuters poll predicts that the city’s state’s consumer price index reads yearly at 2.15%, up from 1.60% in December.
Meanwhile, the poll estimates that the core inflation rate that reduces accommodation and private transportation costs will increase by 1.5% in a year, down from 1.8% in the previous month.
In the United States, three main averages Closed lower on Fridaywith new data attracting investors’ attention to the economy. The losses have also been exacerbated by concerns about further policy migration by U.S. President Donald Trump, who has proposed a series of tariffs and other changes.
this Dow Jones Industrial Average Loss of 748.63 points, or 1.69%, to 43,428.02. Friday’s decline was the worst of the year, with the two-day loss of about 1,200 points. this S&P 500 At the end of 6,013.13, the gliding 1.71%, marking the second negative meeting of the index after the record set on Wednesday ended. this Nasdaq Composite Materials It fell 2.2%, and was set at 19,524.01.
– CNBC’s Brian Evans and Lisa Kailai Han contributed to the report.
