The global market experienced significant fluctuations driven by a mix of economic indicators, corporate updates, and geopolitical tensions. China's CPI rise indicates a recovery in domestic demand, while U.S. markets rebounded on strong employment data. Meanwhile, geopolitical tensions escalated with Ukraine's largest offensive in Russia’s Kursk region, and Middle Eastern ceasefire talks gained momentum. Key tech companies like Apple and Alibaba are set to release crucial earnings reports.
Asia Pacific equity markets put in a scrappy mid-week performance as investors looked ahead to key US numbers.
Asia Pacific stock markets struggled with worries about both the US and Chinese economies as trade negotiations between the two continued in Beijing.