Traders will watch out for central bank releases, including the Bank of Korea’s rate decision and minutes of the Reserve Bank of Australia’s August…
Traders in Asia will watch out for central bank releases this week, including the Bank of Korea's rate decision and minutes of the Reserve Bank of Australia's August meeting.
Core machinery orders in Japan fell 1.7% year on year in June, surprising economists who had expected a 1.8% rise. Asia-Pacific markets were mixed on Monday after a week that saw a broad rally in stocks, as investors awaited a slew of central bank releases and inflation data this week. The Bank of Korea will release its rate decision on Thursday, while inflation data from Japan and Singapore will be released on Friday. China will announce its one- and five-year loan prime rates on Tuesday.was down 0.94%, while the broad-based Topix fell 0.75%. Both indexes are on pace to snap a five-day winning streak.fell 1.7% year on year in June, surprising economists who had expected a 1.8% rise. Machinery orders are viewed as a proxy for capital expenditure in the country.
Half of the company's shares are planned to be sold in its initial public offering, which means the 350 billion yen IPO would be Japan's biggest IPO since 2018.
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