© Reuters. FILE PHOTO: A man walks past a screen displaying the Hang Seng Index at Central district, in Hong Kong, China March 21, 2023. REUTERS/Tyrone Siu/File Photo
By Jamie McGeever
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
China’s latest interest rate decision will be the main focus for Asian markets on Monday, with investors also eyeing third-quarter GDP from Thailand, and trade figures from Malaysia and Taiwan.
Trading activity and volumes in Asia this week will be lighter than usual owing to the U.S. Thanksgiving holiday later in the week, but sentiment appears to be holding up well thanks to a general loosening of financial conditions.
Bond yields around the world, led by Treasury yields, are falling as inflation pressures ease, economic activity cools and oil prices slide.
For the most part, investors are riding the wave – world stocks, Wall Street, and last week all rose for a third straight week, and Asia ex-Japan rose 3%. China’s blue chip CSI300 index, however, had its first fall in four weeks.
Equity and currency market volatility are well anchored, and while bond market volatility is more…
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