# Live updates: Japan stocks rise, China LPR unchanged, Aussie stocks hit highs

> Asian markets rose on December 20 as Japanese stocks extended gains after the BOJ kept its ultra-loose policy and Governor Ueda struck a dovish tone. The People's Bank of China held its one-year loan prime rate at 3.45% and its five-year rate at 4.2%. China's CSI 300 closed 1.1% lower while Australia's ASX 200 hit a 10-month high.

- Date: 2023-12-20 · published 2023-12-20T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/32961-live-updates-japan-stocks-rise-china-lpr-unchanged-aussie-stocks-hit-highs
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Unchanged Chinese lending rates and a dovish BOJ leave near-term demand and currency pressure on feed commodities largely unchanged, so there is no clear price signal for feed buyers.

## Sources

- cnbc.com: https://www.cnbc.com/2023/12/20/asia-markets-gain-japan-stocks-extend-rise-on-dovish-boj.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.