Asia market rises as investors brace for kick-start of earnings, key US inflation data


Source: seekingalpha.com seekingalpha.com

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Japan (NKY:IND) +1.08%. Japanese consumer confidence was 39.5 vs. 39.1 prior. Japan’s machine tool orders dropped 8.5% year-on-year to JPY 135,647 million in March 2024, accelerating from an 8% fall in the previous month, data from the Japan Machine Tool Builders’ Association showed. Finance Minister Shunichi Suzuki said on Tuesday authorities would not rule out any measures in dealing with excessive yen moves, repeating warnings made in his previous statements. Bank of Japan Governor Kazuo Ueda also said the central bank must consider reducing the degree of monetary stimulus if trend inflation continues to accelerate. China (SHCOMP) +0.07%. Investors look...