RBA Pose, China Tech Booms, Japan GDP Sisles

February 18 (Reuters) – A look at the coming days in Asian markets. There is no dearth of market news in Asia on Tuesday, Australian interest rate decisions, China’s tech boom and ceiling Japanese GDP figures in front and centers for investors, US-European relations and geopolitical drama around Russia Against the background- Ukraine War.

On the economic front, locally the main event will be 4.10%of the reduction rate in the required quarter-point of the Reserve Bank of Australia, which is its first drawback in four years.

Easy to make inflation has opened the door to a rate -cutting cycle, but only one shallow one – money markets are pricing in only 50 base points of additional ease this year after Tuesday’s move.

If RBA spends low rates on Tuesday, it will be one of the last G10 central banks to do so. The Central Bank of Norway has not yet made it easy, while the Bank of Japan is raising rates.

Data on Monday revealed that Japan’s economy increased at a speed of 2.8% annually in the October-December quarter, with a unanimous growing of a unanimous race in a Reuters pole than 1.0%. The highest forecast in survey of 17 economists was 2.2%.

Yen and Japanese government bond yields are increasing. Recent inflation and wage development data has also surprised upside down, but Bank of Japan will be cautious about raising rates after decades of deflation and ultra-lux policy.

The yield of two years and 10-year JGB is already the highest since 2008 and has increased rapidly in recent months, almost double since September. These are great tricks, and the impact on businesses, homes and investors remains to be seen.

Rebounds continue in the Chinese markets, meanwhile, on Monday with a three -year high hit with the tech shares listed in Hong Kong as President Xi Jinping sat with top technical leaders in Beijing. Hang Seng Tech Index is more than 30% in a month.

The symbolism of Xi’s rare meeting with technical leaders is powerful, reflects the concerns of policy makers on the economy and China’s technological development, and marks a sharp change from the regulatory clampdown on the tech four years ago.

Shares at BAIDU took a dip on Monday, however, eliminated $ 2.4 billion from their market price after the search engine giant was not spotted in the meeting.

These markets, with their own ways in nature, come to Europe and President Donald Trump’s Russian President Vladimir Putin, in the broker of America in broke into a trussians between Ukraine and Russia, actually come against seismic geopolitical development around the US relations. .

A peace deal – even a ‘dirty deal that is clearly in favor of Russia’, in Danskay Bank’s words – can promote risk hunger, and weigh on dollars and oils in short -term. But World War II can increase the risk premiers in markets in long periods of time for a fracture of 80 years of solid US-European relations.

Here are the major developments that can give more direction to Asian markets on Tuesday:

– Australian interest rate decision

– Singapore Budget (Financial Year 2025)

– Hong Kong unemployment (January)