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
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