{"id":1944058,"date":"2023-06-04T20:04:02","date_gmt":"2023-06-05T00:04:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/marketmind-teed-up-for-a-bullish-start-to-the-week\/"},"modified":"2023-06-04T20:05:30","modified_gmt":"2023-06-05T00:05:30","slug":"marketmind-teed-up-for-a-bullish-start-to-the-week","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/marketmind-teed-up-for-a-bullish-start-to-the-week\/","title":{"rendered":"Marketmind: Bullish start to the week expected."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fmarketmind-teed-up-for-a-bullish-start-to-the-week%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1944058&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Asian Markets Set for Strong Start on Monday<\/h2>\n<blockquote>\n<p>By Jamie McGeever<\/p>\n<p>(Reuters) \u2013 A look at the day ahead in Asian markets from Jamie McGeever.<\/p>\n<\/blockquote>\n<div class=\"entry-content\">\n<p>Asian markets are set for a strong start on Monday, extending last week\u2019s upward momentum and rising risk appetite on growing hopes the U.S. economy is headed for a \u2018soft landing\u2019 after Congress\u2019s approval last week of a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/we-have-to-de-weaponize-manchin-chides-schumer-for-hammering-republicans-after-debt-ceiling-vote\/\" title=\"\u2018We Have To De-Weaponize\u2019: Manchin Chides Schumer For Hammering Republicans After Debt Ceiling Vote\">debt ceiling deal<\/a> that averts U.S. default.<\/p>\n<p>Regional and global markets on Friday chalked up solid gains and volatility measures slumped after the release of forecast-smashing U.S. jobs figures. It looks like the \u2018sell in May and go away\u2019 maxim won\u2019t apply this year \u2013 investors are bullish and they are buying.<\/p>\n<p>Some of the moves in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/marketmind-teed-up-for-a-bullish-start-to-the-week\/\" title=\"Marketmind: Bullish start to the week expected.\">major regional stock markets<\/a> last week are worth noting: the MSCI Asia ex-Japan index on Friday rose more than 2%, its best day in five months; Japan\u2019s Nikkei 225 \u2013 at a 33-year high \u2013 last week rose for an eighth straight week, its best run in five years; the Hang Seng tech index snapped its <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tech-stocks-suffer-worst-weekly-losing-streak-since-dot-com-bust\/\" title=\"Tech Stocks Suffer Worst Weekly Losing Streak Since Dot-Com Bust\">longest weekly losing streak<\/a> on record and rose 3.6%.<\/p>\n<p>The Asian and Pacific economic data calendar on Monday will be dominated by a raft of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/u-s-manufacturing-slumps-to-weakest-since-2020-as-shortages-hit-production-and-delays-depress-orders\/\" title=\"U.S. Manufacturing Slumps to Weakest Since 2020 as Shortages Hit Production and Delays Depress Orders\">purchasing managers index<\/a> (PMI) reports, most notably for China, Japan, India and Australia, with Indonesian inflation thrown in for good measure.<\/p>\n<p>Asia\u2019s PMIs have been mixed. Manufacturing in India is growing at its fastest pace in two and a half years, South Korea\u2019s is in its longest spell of contractionary readings in 14 years.<\/p>\n<p>Market sentiment in Asia on Monday could also get a lift from signs of a potential thaw in U.S.-Sino relations, as a senior U.S. State Department official arrived in Beijing on Sunday with meetings planned for the coming week.<\/p>\n<p>On the other hand, oil prices could spike higher on the news that OPEC+ is looking to cut production to counter flagging prices and a looming supply glut.<\/p>\n<p>Looking ahead, investors in Asia have plenty of economic events and monetary policy decisions to get their teeth into this week.<\/p>\n<h3>Key Developments for Monday:<\/h3>\n<ul>\n<li>PMIs from China, Japan, India, Australia<\/li>\n<li>Indonesia CPI inflation (May)<\/li>\n<li>Singapore retails sales (April)<\/li>\n<\/ul>\n<p>(By Jamie McGeever; Editing by Diane Craft)<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Asian markets poised for a robust start on Monday, continuing last week&#8217;s upward trend. The risk appetite is increasing due to the hope that the US economy will have a soft landing after Congress&#8217;s approval last week. Jamie McGeever provides an overview of the day ahead in Asian markets.<\/p>\n","protected":false},"author":66,"featured_media":1944059,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[10184,4183,20675,3732,3912],"class_list":["post-1944058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-bullish","tag-expected","tag-marketmind","tag-start","tag-week"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1944058","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1944058"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1944058\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1944059"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1944058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1944058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1944058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}