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HomeWorld NewsAsia Pacific Markets Live Update: Australian Inflation | Real Time Headlines

Asia Pacific Markets Live Update: Australian Inflation | Real Time Headlines

On June 15, 2022, a full moon, also known as the Strawberry Super Moon, appeared over the skyline of Sydney’s CBD, Australia.

Steven Safire | Anadolu Agency | Getty Images

Asia-Pacific markets opened mixed on Wednesday, following gains on Wall Street. S&P 500 Index and Dow Jones Industrial Average New intraday and closing records set.

Asian traders will assess Australia’s monthly consumer price index data, which is due to be released later in the day. A Reuters poll predicts that the monthly CPI indicator will increase by 2.3% year-on-year in October, higher than the 2.1% increase in September.

Australian S&P/ASX 200 Index It opened up 0.45%.

Japanese Nikkei 225 Index Futures showed that the market opened lower, with the Chicago futures contract at 38,350 points and the Osaka futures contract at 38,330 points, compared with the previous closing price of 38,442 points.

Hongkong Hang Seng Index The futures index was at 19,172 points, slightly higher than the Hang Seng Index’s last closing point of 19,159.2 points.

In the US stock market on Tuesday, the blue-chip Dow Jones Index rose 123.74 points, or 0.28%, to close at a record 44,860.31 points; the S&P 500 Index rose 0.57% to close at a record 6,021.63 points. this Nasdaq Index up 0.63% to 19,174.30.

In the United States, President-elect Trump calls for 25% tariff Increase tariffs on products from Mexico and Canada, and impose a 10% tariff on Chinese goods.

he has Already said he will impose tariffs up to 20% Impose an additional tariff of at least 60% on all imported products.

according to a market analyst In interviews with CNBC, market participants appeared to ignore Trump’s announcement because they either didn’t expect the tax to actually materialize or were already priced in by traders.

—CNBC’s Samantha Subin and Alex Harring contributed to this report.

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