News Snapshot:
Japan +1.11%. A survey by the Japanese Trade Union Confederation showed the nation’s labor unions by average demanded a wage hike of 4.49% for 2023, according to a Friday release. China -0.21%. China’s growth targets announced over the weekend was "not a surprise, but could feel disappointing to some investors," Citi’s chief China economist Xiangrong Yu and his team said in a Monday note. Hong Kong +0.46%. Australia +0.62%. Australian MI monthly inflation for February +0.4% m/m (prior +0.9%). The Reserve Bank of Australia is expected to hike its overnight cash rate by 25 basis points to 3.6%, according to...
