Investors assessed a slew of data from China, including its urban unemployment rate, retail sales, and industrial production.
Asia-Pacific markets were mixed Friday, as investors assessed key China data to gauge the state of the world's second-largest economy.from a year earlier. The reading was less than the 3.8% increase forecast by a Reuters poll, and slower than the 3.1% pace reported in March.Investors also assessed data from Singapore, which showed non-oil domestic exports in April declined by 9.3%, slower than the preceding month.was down 0.
"We must spend some time in deciding what to do with our ETF holdings, including whether to unload them in the future," Ueda said.The BOJ has cumulative ETFs of 37.15 trillion yen , with an estimated market value of 71.3 trillion yen, according to financial information services websiteBofA Securities has screened for 20 of Asia's"most important stocks," selected from the constituents of the MSCI Asia Pacific Index.
"In recent years, they would have meaningfully outperformed in 2019-20, but meaningfully underperformed in 2021-22. These are important stocks investors need to get right," BofA's analysts said, naming stocks on their screen.GameStop, and others like AMC, experienced much volatility this weekBacked up by artificial intelligence-related tailwinds, the tech sector has largely led the current market rally.
" not exactly advanced math, but simple breakout technique suggests roughly 5550-5600 as the next S&P target," Verrone wrote in a Thursday note.U.S. may need unemployment to rise for 'last mile' of inflation fight, Bernanke paper says
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