Thursday, 11 September 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Asia-Pacific markets mostly fall as U.S. data stokes fears of sticky inflation and slower growth
Monday, 24 February 2025 14:53 WIB | MARKET UPDATE |Saham Asian

Asia-Pacific markets mostly fell Monday after Wall Street logged its worst session of the year last Friday as U.S. economic data pointed to a slowing economy and sticky inflation.

Hong Kong's Hang Seng index was down 0.37%, after notching a nearly three-year high in its previous session.

Mainland China's CSI300 index fell 0.26% in choppy trading.

Indian stocks continued to be in negative territory, with the Nifty 50 down 1.01%, while the BSE Sensex index fell 0.99%.

In South Korea, the Kospi ended the day 0.35% lower at 2,645.27, while the small-cap Kosdaq was closed down 0.17% at 773.33.

Australia's S&P/ASX 200
ended the day 0.14% higher at 8,308.20, breaking its five-session losing streak.

Japanese markets were closed for a public holiday.
Singapore's core inflation, which strips out accommodation and private transport costs, edged up 0.8% year on year in January, government data showed. This is the lowest reading since June 2021 and is lower than the 1.5% forecast in a Reuters' poll.

Meanwhile, headline inflation came in at 1.2% year in year, its lowest since February 2021. The reading was also lower than the 2.15% estimated by Reuters.
In U.S., the three major averages closed lower on Friday, as fresh data raised investors' concerns on the economy. Losses also intensified amid fears of further policy moves by U.S. President Donald Trump, who has already proposed a slew of tariffs and other changes within a month of taking office.

The Dow Jones Industrial Average lost 748.63 points, or 1.69%, to close at 43,428.02. Friday's decline, its worst this year, brought its two-day losses to roughly 1,200 points. The S&P 500 slid 1.71% to end at 6,013.13, marking a second negative session after the index closed at a record on Wednesday. The Nasdaq Composite dropped 2.2%, settling at 19,524.01.

Source: CNBC

RELATED NEWS
S&P 500 notches record-high close as Oracle soars on AI optimism...
Thursday, 11 September 2025 03:24 WIB

The S&P 500 notched a second straight record-high close on Wednesday, as Oracle surged and cooler-than-expected inflation data supported expectations the U.S. Federal Reserve will cut interest rat...

European Stocks Close Slightly Lower...
Wednesday, 10 September 2025 23:53 WIB

European stocks closed mostly lower on Wednesday with losses from tech, consumer defensive companies, and miners as markets continued to assess the outlook on global rates and geopolitical risk. The E...

S&P 500 rises to record on new inflation data ...
Wednesday, 10 September 2025 21:02 WIB

The S&P 500 jumped to a fresh record on Wednesday after a reading on wholesale prices unexpectedly declined, a welcome development for investors clamoring for a Federal Reserve rate cut next week ...

European Stocks Rise as Retailers, Tech Stocks Rally...
Wednesday, 10 September 2025 14:30 WIB

European stocks have opened higher as a bit of political calm enters the market. The Stoxx 600 Index was up 0.6% in its third session of straight gains. Retailers led the rally as Inditex shares jump...

Asia markets open mostly higher ahead of key China inflation data...
Wednesday, 10 September 2025 07:28 WIB

Asia-Pacific markets opened mostly higher Wednesday ahead of key August inflation data from China. The mainland's August consumer price index is expected to fall 0.2% from the previous year, accordin...

LATEST NEWS
Gold climbs to $3,646 as soft US PPI and geopolitical risks lift safe-haven demand

Gold price surges on Wednesday, up by over 0.60%, folllowing US inflation data, which increased speculation that the Federal Reserve (Fed) will resume its easing cycle at the upcoming September meeting. At the time of writing, XAU/USD trades at...

Swiss Franc gains after weak US PPI

The Swiss Franc (CHF) strengthens modestly against the US Dollar (USD) on Wednesday, with USD/CHF trimming intraday gains as the Greenback softens after softer-than-expected US Producer Price Index (PPI) figures further cemented market expectations...

Oil prices settle up over $1 after global tensions mount; oversupply caps gains

Oil prices settled higher on Wednesday by more than $1 a barrel as investors worried about possible supply disruptions after Poland downed drones in its airspace and the U.S. pushed for new sanctions on buyers of Russian oil the day after an...

POPULAR NEWS
Will Nonfarm Payrolls revisions hint at a 50 bps Fed cut next week
Tuesday, 9 September 2025 04:05 WIB

The United States (US) Bureau of Labor Statistics (BLS) will publish the 2025 preliminary benchmark revision to the Establishment Survey Data on...

Russian Forces Attack Power Plant In Kyiv Region, Ukraine's Energy Ministry Says
Monday, 8 September 2025 17:12 WIB

Russian forces attacked a thermal power plant in the Kyiv region as part of an overnight attack, Ukraine's Energy Ministry said on Monday,...

US Nonfarm Payrolls benchmark revision points to 911,000 decrease in March 2025 level of employment
Tuesday, 9 September 2025 21:13 WIB

The US Bureau of Labor Statistics reported on Tuesday that the preliminary estimate of the Current Employment Statistics (CES) national benchmark...

European shares end higher amid all eyes on French no-confidence vote
Tuesday, 9 September 2025 01:52 WIB

European shares finished higher on Monday, while French stocks also rose as investors stayed calm in the run-up to a no-confidence vote later in the...