Asia-Pacific stocks rebound following broad sell-off, eyes on key economic data

News Snapshot:

Japan (NKY:IND) +2.04%. The Reuters Tankan sentiment index for manufacturers in Japan jumped to +12 in December 2023 from +6 in November, improving for the second straight month. China (SHCOMP) -0.09%. Investors now look ahead to Chinese trade figures and the latest inflation report later this week for further guidance. Markets also look ahead to a Politburo meeting and the annual Central Economic Work Conference where Chinese authorities are expected to discuss policy plans and set economic targets for 2024. The offshore yuan has come under renewed pressure in the previous session after Moody’s downgraded its outlook on China’s government...