{"id":62583,"date":"2023-09-11T16:56:18","date_gmt":"2023-09-11T06:56:18","guid":{"rendered":"https:\/\/icmarkets.com.au\/blog\/?p=62583"},"modified":"2025-11-10T18:31:21","modified_gmt":"2025-11-10T07:31:21","slug":"monday-11th-september-2023-asia-pacific-markets-kick-off-the-week-with-mixed-performance","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com.au\/blog\/monday-11th-september-2023-asia-pacific-markets-kick-off-the-week-with-mixed-performance\/","title":{"rendered":"Monday 11th September 2023: Asia-Pacific Markets Kick Off the Week with Mixed Performance"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><br \/><br \/>Global Markets:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;Asian Stock Markets : Nikkei down 0.41%, Shanghai Composite up 0.89%, Hang Seng down 1.22%, ASX up 0.50%<\/li>\n\n\n\n<li>Commodities : Gold at $1951.45 (0.43%), Silver at $23.41 (1.03%), Brent Oil at $90.56 (-0.17%), WTI Oil at $87.15 (-0.46%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.293, UK 10-year yield at 4.459, Germany 10-year yield at 2.6321<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">News &amp; Data:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>(CAD) Employment change 39.9K vs 18.9K expected<\/li>\n\n\n\n<li>(CAD) Unemployment Rate 5.5% vs 5.6% expected<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Markets Update:<\/h3>\n\n\n\n<p>Asia-Pacific markets had a mixed start to the week, with key economic data in focus. India will release August&#8217;s inflation and industrial output figures, while China will announce industrial output, retail sales, and house sale prices later in the week.<\/p>\n\n\n\n<p>Hong Kong&#8217;s Hang Seng index fell by 1.2%, as the market caught up after a closure due to a &#8220;black rainstorm&#8221; warning. In contrast, mainland Chinese stocks rose, with the CSI 300 gaining 0.74%.<\/p>\n\n\n\n<p>Australia&#8217;s S&amp;P\/ASX 200 snapped a four-day losing streak, rising 0.50%, while Japan&#8217;s Nikkei 225 dipped 0.41%. South Korea&#8217;s Kospi climbed 0.33%, but the Kosdaq declined by 0.19%.<\/p>\n\n\n\n<p>In the U.S., stocks saw slight gains on Friday after a week of losses. The S&amp;P 500 rose 0.14%, the Dow Jones Industrial Average added 0.22%, and the Nasdaq Composite eked out a 0.09% gain, driven by concerns about potential Federal Reserve rate hikes.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Upcoming Events:&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>10:45 PM GMT &#8211; NZD Visitor Arrivals m\/m<\/li>\n\n\n\n<li>11:00 PM GMT &#8211; GBP MPC Member Mann Speaks<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asia-Pacific markets had a [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":74214,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-62583","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/62583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/comments?post=62583"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/62583\/revisions"}],"predecessor-version":[{"id":62589,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/62583\/revisions\/62589"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media\/74214"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media?parent=62583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/categories?post=62583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/tags?post=62583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}