Japan's Nikkei rises over 2% as Asia markets climb; central bank decisions in focus this week
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 06 2024
0mins
Should l Buy ?
Source: CNBC
Market Performance: Asia-Pacific markets saw gains, particularly Japan's Nikkei 225 which rose 2%, driven by financial and consumer cyclical stocks, while the yen strengthened slightly after recent lows.
Central Bank Decisions: Three central banks are expected to announce interest rate decisions this week, with predictions of rate cuts from the Bank of Korea and Reserve Bank of New Zealand, while the Reserve Bank of India is anticipated to maintain its current rate.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
