Image: SubstackAsian Market Sense - Data light in Asia but earnings from Softbank, Swire's. Yen remains an issue. China chasing tax from overseas investments -VE Insurers and Financials
• Asian markets are experiencing cautious trading with the NZX opening lower, as investors await critical US initial claims and Friday's jobs data. • Market focus remains on earnings reports from Softbank and Swire, while the Yen's volatility and China's pursuit of taxes on overseas investments pressure insurers and financials. • In regional data, the Reserve Bank of India (RBI) maintained interest rates on Wednesday as expected, while the Philippines prepares to release June unemployment and industrial production figures.
asianmarketsense.substack.com



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