Asia-Pacific markets are set to open mostly higher on Wednesday (22/1), after Wall Street rose on President Donald Trump's less aggressive than expected tariff stance.
Australia's S&P/ASX 200 rose 0.27% at the open.
Japan's Nikkei 225 futures are pointing to a stronger open for the market. Futures in Chicago were at 39,405 and its Osaka counterpart was last trading at 39,270, compared with the index's previous close of 39,027.98.
Hong Kong's Hang Seng Index futures were at 20,028, lower than the HSI's last close of 20,106.55.
Investors will be watching for a Malaysian central bank policy meeting later in the day, where Bank Negara Malaysia is expected to keep its policy rate unchanged at 3%.
Overnight in the U.S., the three major indexes rose as investors took Trump's comments on international trade as slightly softer than expected.
The Dow Jones Industrial Average rose 537.98 points, or 1.24%, to 44,025.81. The S&P 500 gained 0.88% to 6,049.24, while the Nasdaq Composite gained 0.64% to 19,756.78.
Trump said he was considering 25% tariffs on Mexico and Canada on Feb. 1 because of their border policies as he signed his first executive orders at the White House Monday night. He also mentioned China, noting that the U.S. could impose tariffs on the country if it doesn't agree to the TikTok deal.(AL)
Source: NCBC
European stocks were set to wrap up September with the best performance since 2019, as optimism around resilient US economic growth and lower interest rates lifted risk appetite. The Stoxx Europe 600...
Asia-Pacific markets traded mixed Tuesday with focus on the Reserve Bank of Australia's interest rate decision later in the day. The RBA is expected to hold its cash rate steady at 3.6%, according to...
US stocks closed higher on Monday as investors tried to stabilize the market following last week's losses driven by cracks in AI-related trading and concerns over new tariffs. The S&P 500 rose 0....
European stock markets edged higher on Monday, as investors looked ahead to a trading week due to feature key economic data and a potential U.S. government shutdown. The pan-European Stoxx 600 had cl...
Stocks rose on Monday as Wall Street tried to regain its footing after a week in which the artificial intelligence trade lost some steam. The Dow Jones Industrial Average traded 70 points higher, or ...
European stocks were set to wrap up September with the best performance since 2019, as optimism around resilient US economic growth and lower interest rates lifted risk appetite. The Stoxx Europe 600 Index was little changed by 8:17 a.m. in...
Japanese shares closed lower on Tuesday after the Bank of Japan signaled room for future rate hikes but gave no clear sign of an October move. The Nikkei 225 fell 0.25%, or 111.12 points, to end at 44,932.63. One BOJ board member said it may be...
In a statement after the September policy meeting, the Reserve Bank of Australia said: "With signs that private demand is recovering, indications that inflation may be persistent in some areas and labour market conditions overall remaining stable,...
Federal Reserve (Fed Bank of New York President John C. Williams hit the newswires on Monday, expressing his general cautiousness toward further...
The U.S. on Monday cracked down on companies in China and other countries that use subsidiaries or other foreign affiliates to get around curbs on...
Asia-Pacific markets traded mixed Monday, while the Reserve Bank of Australia will kickstart its two-day policy meeting where it is expected to hold...
The STOXX 50 went up 0.3% and the STOXX 600 rose 0.2% on Monday, tracking a general positive tone across European equity markets in Asia and the...