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News Junction > Blog > Business > Asian markets mixed on Tuesday after China Evergrande’s liquidation
Asian markets mixed on Tuesday after China Evergrande’s liquidation
Business

Asian markets mixed on Tuesday after China Evergrande’s liquidation

Published January 30, 2024
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samxmeg

Japan (NKY:IND) +0.11% Japan’s unemployment rate down to 2.4% in Dec, lowest since Jan 2023.

China (SHCOMP) -1.82% China’s 10-year government bond yield fell below 2.5%, hitting its lowest levels in nearly 22 years on bets that China will further ease policy to support its economy.

Hong Kong (HSI) -2.38% following Monday’s liquidation order of property giant China Evergrande from a Hong Kong court.

India (SENSEX) -0.32%

Australia (AS51) +0.29%

Business confidence in the Netherlands increased to -4.4 in January 2024.

In the U.S. on Monday, stocks ended at a new record closing high, as markets got a late push following the Treasury department’s reduction in its quarterly borrowing estimate.

U.S. stock futures were down: Dow -0.18%; S&P 500 -0.13%; Nasdaq -0.12%

A notable event this week will be the Fed’s monetary policy committee meeting, which kicks off on Tuesday and ends on Wednesday.

Currencies: (JPY:USD), (CNY:USD), (AUD:USD), (INR:USD), (HKD:USD), (NZD:USD).

#Asian #markets #mixed #Tuesday #China #Evergrandes #liquidation

TAGGED:AsianChinaEvergrandesLiquidationMarketsmixedTuesday
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