Taiwan, China and Japan
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Asian equities were mixed overnight on light volumes as investors await Nvidia’s earnings results after the US market close.
Mike Minor says the agency reported 29 million bushels of soybean purchases Tuesday morning which brings China's total to from 8% to 12% of the total 12 MMT commitments they've made.
China has sought to manipulate global critical minerals prices for decades, using its control as an economic weapon to expand its manufacturing sector and its geopolitical influence, a U.S. House of Representatives committee said on Wednesday.
UBS says the Chinese tech sector offers an attractive way to counterbalance positions in US tech.
Randy Martinson says confirmation of 29 million bushels of soybeans sold to China is already priced into the market after the big rally to 17-month highs in soybeans. So, the market is seeing a traditional "buy to rumor sell the fact" reaction.
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China, HK stocks end lower as global markets turn cautious ahead of US data
SHANGHAI: Mainland China and Hong Kong stocks closed lower on Tuesday, weighed down by new energy shares, as traders assessed subdued sentiment across global markets ahead of closely watched US economic data.