From Financial Modeling Prep: 2025-04-30 07:12:00

Most Asian stock markets remained stagnant as investors digested mixed economic signals, with Japan and China reporting weak factory activity. India faced tension with Pakistan, while South Korea’s markets were impacted by domestic political turmoil.

China’s official manufacturing PMI dropped to 49.0 in April, the first contraction since December 2023. Japan saw a 1.1% decline in industrial production in March due to supply-chain disruptions in auto parts.

Australia’s Q1 CPI data showed headline inflation slightly above expectations, leading to increased odds of a 25-basis-point rate cut at the RBA’s May 20 meeting.

Investors are focused on the upcoming release of the U.S. PCE price index and mega-cap earnings, with tools like FMP’s Economics Calendar API helping them stay informed and make informed decisions in the market.



Read more at Financial Modeling Prep:: Asian Markets Flat as Weak Factory Data and Inflat…