Asian Shares Mostly Higher As Investors Await US CPI Data

RTTNews | 578 ngày trước

(RTTNews) - Asian stocks advanced on Thursday as investors awaited U.S. CPI data, due out later in the day for additional clues on how soon the Federal Reserve will cut interest rates this year.

According to the CME FedWatch tool, markets currently price in a 67 percent chance of a rate cut in March. Overall, traders anticipate 140 basis points of easing this year.

Federal Reserve Bank of New York President John Williams said on Wednesday that inflation is easing but the central bank still has some distance to go on getting inflation back to the 2 percent target.

U.S. bank earnings also remained on investors' radar, with JPMorgan Chase, Bank of America, Citigroup and Wells Fargo all due to report their financial results on Friday.

The dollar drifted lower in Asian trade, helping gold prices push higher. Oil prices advanced as tensions in the Middle East persisted.

Bitcoin traded just below a two-year high at $46,400 as the U.S. securities regulator approved the first U.S.-listed ETFs to track the cryptocurrency.

Chinese shares rebounded from near 5-year lows, with the Shanghai Composite index closing 0.31 percent higher at 2,886.65 ahead of trade and inflation figures, due this Friday.

Hong Kong's Hang Seng index rallied 1.27 percent to 16,302.04 on expectations of policy easing by China's central bank.

Japanese markets extended their record-breaking rally as a weaker yen on dovish BOJ bets buoyed exporters.

The Nikkei average jumped 1.77 percent to 35,049.86, breaching the 35,000 mark for the first time since February 1990. The broader Topix index settled 1.57 percent higher at 2,482.87.

Seoul stocks finished marginally lower as the Bank of Korea modified its hawkish policy stance but signaled that rates will likely remain higher for longer. The Kospi average ended down 1.71 points at 2,540.27.

Australian markets ended higher after the release of upbeat trade data for November. Banks and technology stocks rallied as softer CPI data released on Wednesday took chances of an RBA rate hike off the table.

The benchmark S&P/ASX 200 rose half a percent to 7,506 while the broader All Ordinaries index gained 0.44 percent to finish at 7,736.80.

Across the Tasman, New Zealand's benchmark S&P/NZX-50 index edged up 0.29 percent to 11,803.02.

U.S. stocks and bond yields inched up overnight ahead of key inflation readings and bank earnings.

The tech-heavy Nasdaq Composite climbed 0.8 percent to close higher for the fourth straight session while the Dow rose half a percent and the S&P 500 added 0.6 percent.

Renewed Consolidation Likely For Hong Kong Stock Market

The Hong Kong stock market moved higher again on Monday, one session after snapping the four-day winning streak in which it had rallied more than 570 points or 2.4 percent. The Hang Seng Index now rests just above the 24,900-point plateau although it may hand back those gains on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 11 phút trước

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Tuesday after opening in the red, extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time high, with gains in financial and energy stocks and a mixed performance in mining and technology stocks.

RTTNews | 18 phút trước

China Stock Market May Hand Back Monday's Gains

The China stock market bounced higher again on Monday, one session after halting the four-day winning streak in which it had gathered almost 80 points or 2.4 percent. The Shanghai Composite Index now sits just beneath the 3,650-point plateau although it's likely to head south again on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 26 phút trước

Taiwan Shares May Run Out Of Steam On Tuesday

The Taiwan stock market has moved higher in three straight sessions, rallying more than 685 points or 2.9 percent along the way. The Taiwan Stock Exchange now sits just above the 24,135-point plateau although it may be stuck in neutral on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 56 phút trước

Singapore Q2 GDP Climbs 4.4% On Year

Singapore's gross domestic product expanded 4.4 percent on year in the second quarter of 2025, the Ministry of Trade and Industry said on Tuesday - beating forecasts for 4.3 percent, which would have been unchanged.

RTTNews | 1h 3phút trước

Singapore Bourse May Give Up Support At 4,200 Points

The Singapore stock market has finished lower in two straight sessions, slipping more than 25 points or 0.6 percent along the way. The Straits Times Index now sits just above the 4,230-point plateau and it may extend its losses on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 1h 26phút trước

Rally May Stall For Malaysia Stock Market

The Malaysia stock market has moved higher in five straight sessions, collecting more than 35 points or 2.4 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,560-point plateau although it's due for consolidation on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 1h 56phút trước

Win Streak May End For Japan Stock Market

Ahead of Monday's holiday for Mountain Day, the Japan stock market had moved higher in four consecutive sessions, advancing more than 1,580 points or 3.8 percent along the way. The Nikkei 225 now sits just above the 41,820-point plateau although investors are likely to lock in gains on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red. The Nikkei finished sharply higher on Friday with gains cross the board, especially among the finance, automobile and technology sectors. For the day, the index surged 761.38 points or 1.85 percent to finish at 41,820.48 after trading between 41,248.05 and 42,033.92. Among the actives, Nissan Motor accelerated 2.75 percent, while Mazda Motor spiked 4.91 percent, Toyota Motor jumped 3.47 percent, Honda Motor rallied 3.95 percent, Softbank Group skyrocketed 10.39 percent, Mitsubishi UFJ Financial collected 0.64 percent, Mizuho Financial advanced 1.02 percent, Sumitomo Mitsui Financial added 0.71 percent, Mitsubishi Electric fell 0.28 percent, Sony Group soared 3.50 percent, Panasonic Holdings climbed 1.16 percent and Hitachi rose 0.50 percent. The lead from Wall Street is negative as the major averages opened mixed on Monday, rallied midday but then slumped in the afternoon and finished under water.

RTTNews | 2h 11phút trước

EURUSD	1.16155	GBPUSD	1.34289	AUDUSD	0.6512
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