People commuting to work in the morning cross a pedestrian crossing in Tokyo on February 15, 2024.
Kazuhiro Nogi | AFP | Getty Images
Asia-Pacific markets are set for a mixed open ahead of Japan’s corporate inflation figures for March and rate decisions from New Zealand and Thailand’s central banks.
South Korea’s markets are closed Wednesday, as the country heads to the polls to elect its next parliament.
Japan’s corporate inflation rate is expected to accelerate to 0.8%, according to a Reuters poll of economists, while investors also brace for the U.S. consumer price index report later Wednesday.
In Australia, futures for the S&P/ASX 200 point to a third straight day of gains, at 7,889 compared to the last close of 7,824.2. At this level, the futures figure is less than 10 points from the index’s all-time closing high of 7,896.9.
However, Japan’s Nikkei 225 is set to fall, with the futures contract in Chicago at 39,705 and its counterpart in Osaka at 39,690 against the index’s last close of 39,773.13.
Futures for Hong Kong’s Hang Seng index stood at 16,937, pointing to a stronger open compared to the HSI’s close of 16,828.07.
Overnight in the U.S., the three major indexes ended mixed ahead of the CPI report, with the Dow Jones Industrial Average closing just below the flatline.
On the other hand, the S&P 500 notched a gain of 0.14%, while the Nasdaq Composite added 0.32%.
— CNBC’s Hakyung Kim and Brian Evans contributed to this report.
Source link: https://www.cnbc.com/2024/04/10/asia-markets-live-updates.html