Asia-Pacific Markets Set for Mixed Opening Amid Focus on India's Economic Indicators

Monday, 12 August 2024, 00:00
The Asia-Pacific markets are anticipated to have a mixed opening following a week of volatility. Investors are particularly focused on India's Consumer Price Index (CPI) inflation rate, which is expected to decrease to 3.65% in July, down from 5.08% the previous month. Additionally, industrial data from India is also on the radar as it could provide further insights into economic trends. Overall, these indicators are critical for shaping market expectations in the region.
Cnbc
Asia-Pacific Markets Set for Mixed Opening Amid Focus on India's Economic Indicators

Market Overview

The Asia-Pacific markets are poised for a mixed opening following a week characterized by volatile trading.

Focus on India's Economic Indicators

  • India's CPI inflation rate is projected to decline to 3.65% in July.
  • This marks a decrease from 5.08% in June.
  • Industrial data is also a key focus, affecting investor sentiment.

The anticipated drop in inflation could signal a shift in economic conditions, impacting market strategies across the region.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Related posts

Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe