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Mixed Reactions in Asian Markets Ahead of Central Bank Decisions

Asian markets show mixed performance as investors anticipate key policy decisions from central banks, with a focus on the Reserve Bank of Australia and the Reserve Bank of India.

  • Asian markets began the week with mixed results, reflecting investor anticipation of upcoming central bank policy decisions.
  • The Reserve Bank of Australia and the Reserve Bank of India are set to announce their policy decisions this week, influencing market movements.
  • Heavy selling in Treasuries influenced Asian debt markets, affecting bonds in Australia and New Zealand after US jobs data altered rate cut expectations.
  • US stocks reached new record highs, with the S&P 500 and Dow Jones Industrial Average setting fresh records following strong quarterly results from technology companies and a positive January jobs report.
  • Investors are closely watching for further clues on Federal Reserve policy, especially after recent US jobs data suggested economic resilience, potentially affecting rate cut forecasts.
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