Market reaction in China will also be in focus after the PBOC said over the weekend it would implement a “moderately loose” monetary policy in 2025.
Asia-Pacific markets were set to mostly climb on Tuesday, with investors awaiting business activity figures from several key economies in the region.China's Caixin services purchasing managers' index from S&P Global is due later in the day, with the market reaction in China also in focus after the country's central bank said over the weekend it would implement alast traded at 19,827, pointing to a stronger open for the index compared to the HSI's Friday close of 19,760.27.
"The stock market may fluctuate in 2025, but significant opportunities will arise for those focused on individual stock picks," Michele Schneider, chief market strategist at Marketgauge.com, said.The stock market enjoyed a broad rally on Friday, led by the tech-heavy Nasdaq Composite. Still, the three major averages finished with losses for the week.The market may have more room to run in 2025, according to UBS' David Lefkowitz.
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