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    Home»Business»Asia-Pacific market mostly fell amid growing Covid concerns in China as it keeps benchmark
    Business

    Asia-Pacific market mostly fell amid growing Covid concerns in China as it keeps benchmark

    Todd LivingstonBy Todd LivingstonNovember 21, 2022No Comments1 Min Read
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    Japan + 0.16%.

    China -0.47%. The People’s Bank of China left the one-year and five-year interest rates unchanged for the third straight month. The one-year interest rate is stable at 3.65%, and the five-year rate remains at 4.3%, the information said.

    Hong Kong -1.51%.

    Australia -0.17%.

    India -0.78%.

    The Fed, ECB and BoE speakers are due on Monday 21 November 2022.

    NZ credit card usage for October +1% m/m (previously +0.6%).

    South Korean exports y / y fell 16.7% year on year in the first 20 days of November.

    Oil prices fell by almost a dollar as concerns over Covid in China rose as the country saw its first virus-related death recorded since May this year.

    Brent crude futures shed less than a dollar, or 0.9%, to settle at $86.83 a barrel and US West Texas Intermediate futures fell 1.09% to $79.21 a barrel.

    The future of the US is down. Dow Jones -0.20%; The value of the S&P500 -0.23%; Nasdaq -0.20%.

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    Todd Livingston

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