Tuesday, 22 July 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Asia markets fall after choppy Wall Street session on inflation worries,China CPI in focus
Thursday, 9 January 2025 07:35 WIB | MARKET UPDATE |Bursa Asia

Asia-Pacific markets tumbled Thursday following a choppy session on Wall Street as the Federal Reserve meeting minutes signaled interest rates could stay higher for longer due to sticky inflation.

Investors in Asia also await China's inflation data for December. Economists polled by Reuters expect growth in consumer prices to have remained near zero, while producer prices are estimated to have continued to slide.
Japan's benchmark Nikkei 225 slipped 0.14% and the Topix fell 0.29%.
Australia's S&P/ASX 200 edged down 0.63%.
South Korea's Kospi index fell 0.1%, while the small-cap Kosdaq slid 0.38%.

Futures for Hong Kong's Hang Seng index last traded at 19,264, pointing to a lower open compared to the HSI's close of 19,279.84.
Overnight stateside, the S&P 500 and the Dow Jones Industrial Average posted narrow gains after the minutes from the Federal Reserve's December meeting revealed most committee members see inflation risks have increased.

The U.S. 10-year Treasury yields briefly topped 4.7%, as the inflation outlook fueled investors' concerns that the Fed may slow the pace of policy easing this year.

The broad market index gained 0.16% to close at 5,918.25, while the Dow added 0.25% to finish at 42,635.20. The Nasdaq Composite was little moved, ending at 19,478.88.(cay) newsmaker23

Source: CNBC

RELATED NEWS
Asia-Pacific markets rise after Wall Street benchmarks hit record highs ...
Tuesday, 22 July 2025 07:42 WIB

Asia-Pacific stocks rose Tuesday, after key Wall Street benchmarks hit record highs overnight as investors assessed the resilience in corporate earnings amid tariff risks. Investors in the region wil...

S&P 500 and Nasdaq Rally to Record Highs on Earnings ...
Tuesday, 22 July 2025 03:27 WIB

US stocks rallied on Monday (July 21), with the S&P 500 and Nasdaq hitting new record highs as a strong start to the earnings season overshadowed concerns about impending tariffs. The Dow Jones In...

European Stocks Slightly Lower ...
Monday, 21 July 2025 23:31 WIB

European stocks posted slight declines on Monday (July 21st) as markets continued to assess the trade outlook in the European Union. The Eurozone STOXX 50 fell 0.3% to close at 5,342, and the pan-Euro...

S&P 500, Nasdaq hit record highs as traders await big tech earnings, eye trade developments...
Monday, 21 July 2025 21:01 WIB

U.S. stocks moved higher on Monday as investors tracked the latest developments in trade and awaited the start of big tech earnings this week. The S&P 500 rose 0.4%, and the Nasdaq Composite jump...

European Stocks Cautious ...
Monday, 21 July 2025 14:47 WIB

European stocks opened the week on a cautious note, with both the STOXX 50 and STOXX 600 hovering near the flatline as investors closely monitor ongoing trade developments and digest a fresh wave of c...

LATEST NEWS
EUR/USD holds onto gains near 1.1700 amid US-EU trade tensions

The EUR/USD pair clings to gains made on Monday around 1.1700 during the Asian trading session on Tuesday. The major currency pair strengthens as the US Dollar (USD) corrects sharply, following a fresh escalation in trade tensions between the...

US Dollar Index holds steady near 98.00 due to market caution

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after losing more than 0.50% in the previous session and trading at around 97.90 during the Asian hours on Tuesday. Market...

Gold Hovers Near 5-Week High

Gold prices edged down to around $3,380 on Tuesday but remained close to a five-week high reached in the previous session, amid lingering uncertainty ahead of President Donald Trump's August 1 tariff deadline. Attention is now on the EU-US trade...

POPULAR NEWS
Asia markets trade mixed as investors assess trade developments, await China benchmark rates
Monday, 21 July 2025 07:45 WIB

Asia-Pacific markets traded mixed Monday, as investors keep a close watch on the People's Bank of China's decision on its 1-year and 5-year loan...

European Stocks Cautious
Monday, 21 July 2025 14:47 WIB

European stocks opened the week on a cautious note, with both the STOXX 50 and STOXX 600 hovering near the flatline as investors closely monitor...

Russia Strikes Ukraine With Drones and Missiles, Killing One
Monday, 21 July 2025 09:45 WIB

Russia unleashed a renewed attack on Ukraine, targeting the country's central and western regions with drone and missiles as Kyiv's allies pledged...

U.S. plays hardball on tariffs deadline as EU battles for a deal
Monday, 21 July 2025 18:32 WIB

The U.S. has signaled it will not let up on its Aug. 1 deadline for higher tariffs on the European Union as the bloc fights to strike a deal in...