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Asian Stock Market: China reopening, easy Fed bets underpin firmer sentiment amid Tokyo’s absence
• Downbeat US data weigh on hawkish Fed wagers, tease US recession. • Light calendar, off in Japan restrict market moves ahead of inflation data from China, Japan and US. Market sentiment improves in Asia as China drops the last flag of the zero-Covid policy and the softer US wage growth data challenged hawkish Fed wagers. Even so, an absence of traders from Tokyo and a light calendar, as well as a cautious mood ahead of this week’s key inflation data, restrict the volatility during early Monday. While portraying the...