Asian Markets Brace for Data Releases Amid Central Bank Signals
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Investors in Asia may favor playing it conservative ahead of a slew of economic indicators in the coming days, especially with Japan's stock market notching consecutive record highs and market closures on Friday for many centers, including China .
Japan's Nikkei 225 extended its rally last week, supported by dovish signals from central banks such as the Federal Reserve, Swiss National Bank, and Bank of England. However, it was the Bank of Japan that made headlines by ending its long-held policy of yield curve control and negative interest rates, signaling confidence in Japan's economic recovery. This move by the Bank of Japan kicks off the hectic central bank news cycle .
Japan is set to release revised January leading indicators and services PPI data on Monday, with Tokyo CPI due on Thu...
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