Asia Market Movers: Magnitude 6.2 earthquake hits western Japan, no tsunami warning issued

Tuesday, 06 Jan, 2026 News Magnitude 6.2 earthquake hits western Japan, no tsunami warning issued Summary: Magnitude ~6.2–6.3 quake hits Shimane Prefecture Epicentre located in eastern Shimane Intensity recorded at upper-5 on Japan scale No tsunami warning issued Authorities monitoring for aftersh Central Banks PBOC sets USD/ CNY central rate at 7.0173 (vs. estimate at 6.9730) The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate sy Learn more Central Banks Australian shares steady as markets brace for crucial CPI release - RBA heads up tomorrow! Summary: ASX 200 flat as investors await CPI data November CPI due Wednesday at 11:30am AEDT Headline inflation seen easing, core pressures persist Markets price ~39% chance of February rate hike Bank News Hong Kong PMI shows sustained growth as price pressures intensify Summary: Hong Kong PMI remains in expansion for fifth month, 51.9 in December vs. 52.9 in November Output and new orders grow at solid but slower pace Backlogs rise for first time in a year Selling pr Central Banks PBOC is expected to set the USD/CNY reference rate at 6.9730 – Reuters estimate The People's Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exch News UK retailers warn on sticky inflation as business confidence edges higher Summary: UK shop price inflation rose to 0.7% in December Food inflation accelerated while non-food prices fell Retailers warn higher wages and regulation may keep prices sticky Business confidence im Stocks Nvidia launches Rubin platform with Vera Rubin superchip at CES 2026 Summary: NVIDIA launches Rubin platform at CES 2026 Vera Rubin superchip integrates CPU and dual GPUs Platform targets agentic AI and MoE models Designed for training and inference at scale Reinforces Commodities Trump sets 3 strict conditions for Venezuela new leader, includes oil sales halt to China? Summary: US sets conditions for Venezuela's interim leadership Demands include drug crackdown and foreign expulsions Oil sales to US adversaries targeted Free elections expected eventually, but no tim Learn more Stock market update Morgan Stanley flags six bullish catalysts markets may be underestimating for 2026 Summary: Morgan Stanley sees equity upside extending into 2026 Six combined catalysts viewed as underpriced by markets Mid-teens EPS growth underpins bullish outlook Easier policy and deregulation sup

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