Asia-Pacific markets set to fall as traders weigh impact of Iran's drone attack on Israel

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Asia-Pacific Markets,Fall,Traders

Asia-Pacific markets are expected to decline as traders assess the consequences of Iran's drone attack on Israel. Economic data from China and Japan later in the week is also being closely monitored. The U.S. has intervened to assist Israel in shooting down most of the incoming munitions.

Asia-Pacific markets were set to fall Monday as traders weighed the impact of Iran's drone attack on Israel over the weekend, with focus also on key economic data from China and Japan later in the week.The U.S. intervened to directly help Israel shoot down nearly all of the incoming munitions, Biden said in a statement Saturday.

India will release its wholesale inflation figures for March later in the day, while China will announce its first quarter GDP numbers on Tuesday. Japan will release its March trade data and inflation numbers on Wednesday and Friday, respectively.was set to fall, with the futures contract in Chicago at 39,195 and its counterpart in Osaka at 38,850 against the index's last close of 39,523.55.

Nvidia's shares have been on a tear this year, up more than 80% in 2024, but one of its top shareholders has revealed why they've been selling the stock.

Source: Financial Digest (financialdigest.net)

Asia-Pacific Markets Fall Traders Iran's Drone Attack Israel Economic Data China Japan U.S.

 

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