From Yahoo Finance: 2024-06-06 17:48:05

Asian markets are focused on India’s interest rate decision and Chinese trade figures after a week of global political volatility. Despite struggles in Japanese and Chinese stocks, capital is flowing into emerging markets. The Reserve Bank of India is expected to keep rates steady, while U.S. rates traders anticipate Fed easing.

Governor Kazuo Ueda of the Bank of Japan suggests reducing bond purchases to exit massive monetary stimulus, sparking tapering expectations. Chinese trade data is eagerly awaited, with strong export growth expected. Markets are also watching Japan’s household spending figures for April for more market direction.



Read more at Yahoo Finance: India rate decision rounds off wild week