On June 15, 2022, a full moon, also known as the Strawberry Super Moon, appeared over the skyline of Sydney’s CBD, Australia.
Anadolu Agency | Anadolu Agency | Getty Images
Asia-Pacific markets rose on Monday as investors awaited a slew of economic data this week, including South Korea’s central bank interest rate decision and India’s third-quarter GDP data.
Singapore will release inflation data for October later in the day. Economists polled by Reuters expected headline inflation to be 1.8%, down from 2% last month. If this forecast proves correct, this will be Singapore’s lowest inflation rate since March 2021.
Other economic data this week includes China’s year-to-date industrial profit figures for the year to October due on Wednesday.
Australia’s October inflation data will also be released on Wednesday, and Japan’s capital Tokyo’s November inflation data will be released on Friday.
Tokyo’s inflation data is widely considered a leading indicator of national trends.
Australian S&P/ASX 200 Index It rose 0.75% intraday, hitting a record high of 8,458.9 points.
Japanese Nikkei 225 Index rose 1.19%, while the Topix gained 0.83%.
Korean Cospi It rose 0.93%, and the small-cap Kosdaq Index rose significantly, reaching 1.76%.
Hong Kong Futures Hang Seng IndexHowever, the Hang Seng Index closed at 19,204 points, a weaker opening compared to the Hang Seng Index’s closing point of 19,229.97 points.
Friday in America, Dow Jones Industrial Average The close ended at a new high, capping a week of gains for stocks.
The Dow Jones index rose 426.16 points to 44,296.51 points, an increase of 0.97%, setting a record closing high and rising for the third consecutive trading day.
this S&P 500 Index rose 0.35%, completing the fifth consecutive day of gains, while stocks dominated by technology stocks Nasdaq Index up 0.16%.
Gains capped by declines of 3.2% and 1.7% NVIDIA and letterrespectively.
—CNBC’s Alex Harring and Jesse Pound contributed to this report.
