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 Asian stocks skittish ahead of data packed-week, Japan’s Nikkei falls
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Asian stocks were skittish ahead of a data-packed week, with Japan's Nikkei 225 falling 0.7% from record highs. The Nikkei surged to new peaks last week despite the Bank of Japan's first interest rate hike in 17 years, but the prospect of more tightening in Japanese monetary policy weighed on the index. Chinese stocks also fell amid fears of increased US export restrictions and positive government signals. Most other Asian markets were muted, with South Korea's KOSPI falling 0.1% and Malaysian stocks leading losses in Southeast Asia with a 0.5% decline. The ASX 200 in Australia was an outlier, rising 0.6% on strength in mining and bank stocks.

#AsianStocks #Japan'sNikkei #DatapackedWeek #BankOfJapan #InterestRateHike #ChineseStocks #UsExportRestrictions #SouthKorea'sKospi #MalaysianStocks #Asx200

https://www.investing.com/news/stock-market-news/asian-stocks-skittish-ahead-of-data-packedweek-japans-nikkei-falls-3350781