{"id":116088,"date":"2021-06-09T00:53:27","date_gmt":"2021-06-09T00:53:27","guid":{"rendered":"https:\/\/fin2me.com\/?p=116088"},"modified":"2021-06-09T00:53:27","modified_gmt":"2021-06-09T00:53:27","slug":"asia-pacific-stocks-mixed-china-inflation-data-for-may-ahead","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/asia-pacific-stocks-mixed-china-inflation-data-for-may-ahead\/","title":{"rendered":"Asia-Pacific stocks mixed; China inflation data for May ahead"},"content":{"rendered":"<ul>\n<li>China&#x27;s consumer price index and producer price index for May are expected to be out at 9:30 a.m. HK\/SIN on Wednesday.<\/li>\n<li>The World Bank on Tuesday upgraded its growth forecast, with the global economy now expected to grow 5.6% in 2021.<\/li>\n<\/ul>\n<p>SINGAPORE \u2014 Shares in Asia-Pacific were mixed in Wednesday morning trade, ahead of Chinese inflation data expected later in the day.<\/p>\n<p>In Japan, the Nikkei 225 shed 0.47% in early trade while the Topix index dipped 0.26%. South Korea&#x27;s Kospi also declined 0.23%.<\/p>\n<p>Meanwhile, shares in Australia advanced, with the S&amp;P\/ASX 200 0.11% higher.<\/p>\n<p>MSCI&#x27;s broadest index of Asia-Pacific shares outside of Japan traded 0.05% lower.<\/p>\n<p>On the economic data front, China&#x27;s consumer price index and producer price index for May are expected to be out at 9:30 a.m. HK\/SIN on Wednesday.<\/p>\n<p>Meanwhile, the World Bank on Tuesday upgraded its growth forecast, with the global economy now expected to grow 5.6% in 2021. That compared against an earlier forecast in January for a 4% global economic expansion in 2021.<\/p>\n<p>Still, the organization warned in a Tuesday press release that global output will be about 2% below pre-pandemic projections by the end of this year in spite of the recovery.<\/p>\n<table><\/table>\n<p>Overnight on Wall Street, the S&amp;P 500 closed little changed at 4,227.26. The Dow Jones Industrial Average shed 30.42 points to 34,599.82 while the Nasdaq Composite advanced 0.31% to 13,924.91.<\/p>\n<h2>Currencies and oil<\/h2>\n<p>The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.122 \u2014 hovering above the 90 level that it fell below earlier in the week.<\/p>\n<p>The Japanese yen traded at 109.42 per dollar, weaker than levels around 109.2 seen against the greenback earlier this week. The Australian dollar changed hands at $0.7739, as compared with levels around $0.776 seen earlier in the trading week.<\/p>\n<p>Oil prices were little changed in the morning of Asia trading hours, with international benchmark Brent crude futures sitting below the flatline, trading at $72.20 per barrel. U.S. crude futures were largely flat at $70.06 per barrel.<\/p>\n<p>Here&#x27;s a look at what&#x27;s on tap:<\/p>\n<ul>\n<li>China: Consumer price index and producer price index for May at 9:30 a.m. HK\/SIN<\/li>\n<\/ul>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/06\/09\/asia-markets-china-inflation-data-currencies-oil.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#x27;s consumer price index and producer price index for May are expected to be out at 9:30 a.m. HK\/SIN on Wednesday. The World Bank on [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":116087,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Asia-Pacific stocks mixed; China inflation data for May ahead - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/asia-pacific-stocks-mixed-china-inflation-data-for-may-ahead\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asia-Pacific stocks mixed; China inflation data for May ahead - Fin2me\" \/>\n<meta property=\"og:description\" content=\"China&#x27;s consumer price index and producer price index for May are expected to be out at 9:30 a.m. HK\/SIN on Wednesday. The World Bank on [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/markets\/asia-pacific-stocks-mixed-china-inflation-data-for-may-ahead\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-09T00:53:27+00:00\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/06\/Asia-Pacific-stocks-mixed-China-inflation-data-for-May-ahead.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/markets\/asia-pacific-stocks-mixed-china-inflation-data-for-may-ahead\/\",\"url\":\"https:\/\/fin2me.com\/markets\/asia-pacific-stocks-mixed-china-inflation-data-for-may-ahead\/\",\"name\":\"Asia-Pacific stocks mixed; China inflation data for May ahead - Fin2me\",\"isPartOf\":{\"@id\":\"https:\/\/fin2me.com\/#website\"},\"datePublished\":\"2021-06-09T00:53:27+00:00\",\"dateModified\":\"2021-06-09T00:53:27+00:00\",\"author\":{\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/fin2me.com\/markets\/asia-pacific-stocks-mixed-china-inflation-data-for-may-ahead\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fin2me.com\/markets\/asia-pacific-stocks-mixed-china-inflation-data-for-may-ahead\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fin2me.com\/markets\/asia-pacific-stocks-mixed-china-inflation-data-for-may-ahead\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fin2me.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Markets\",\"item\":\"https:\/\/fin2me.com\/category\/markets\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Asia-Pacific stocks mixed; China inflation data for May ahead\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fin2me.com\/#website\",\"url\":\"https:\/\/fin2me.com\/\",\"name\":\"Fin2me\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fin2me.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"Mark\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"caption\":\"Mark\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Asia-Pacific stocks mixed; China inflation data for May ahead - Fin2me","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fin2me.com\/markets\/asia-pacific-stocks-mixed-china-inflation-data-for-may-ahead\/","og_locale":"en_US","og_type":"article","og_title":"Asia-Pacific stocks mixed; China inflation data for May ahead - Fin2me","og_description":"China&#x27;s consumer price index and producer price index for May are expected to be out at 9:30 a.m. HK\/SIN on Wednesday. The World Bank on [...]","og_url":"https:\/\/fin2me.com\/markets\/asia-pacific-stocks-mixed-china-inflation-data-for-may-ahead\/","og_site_name":"Fin2me","article_published_time":"2021-06-09T00:53:27+00:00","author":"Mark","twitter_card":"summary_large_image","twitter_image":"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/06\/Asia-Pacific-stocks-mixed-China-inflation-data-for-May-ahead.jpg","twitter_misc":{"Written by":"Mark","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/fin2me.com\/markets\/asia-pacific-stocks-mixed-china-inflation-data-for-may-ahead\/","url":"https:\/\/fin2me.com\/markets\/asia-pacific-stocks-mixed-china-inflation-data-for-may-ahead\/","name":"Asia-Pacific stocks mixed; China inflation data for May ahead - Fin2me","isPartOf":{"@id":"https:\/\/fin2me.com\/#website"},"datePublished":"2021-06-09T00:53:27+00:00","dateModified":"2021-06-09T00:53:27+00:00","author":{"@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/fin2me.com\/markets\/asia-pacific-stocks-mixed-china-inflation-data-for-may-ahead\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fin2me.com\/markets\/asia-pacific-stocks-mixed-china-inflation-data-for-may-ahead\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fin2me.com\/markets\/asia-pacific-stocks-mixed-china-inflation-data-for-may-ahead\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fin2me.com\/"},{"@type":"ListItem","position":2,"name":"Markets","item":"https:\/\/fin2me.com\/category\/markets\/"},{"@type":"ListItem","position":3,"name":"Asia-Pacific stocks mixed; China inflation data for May ahead"}]},{"@type":"WebSite","@id":"https:\/\/fin2me.com\/#website","url":"https:\/\/fin2me.com\/","name":"Fin2me","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fin2me.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"Mark","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fin2me.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","caption":"Mark"}}]}},"_links":{"self":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/116088"}],"collection":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/comments?post=116088"}],"version-history":[{"count":0,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/116088\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media\/116087"}],"wp:attachment":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media?parent=116088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/categories?post=116088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/tags?post=116088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}