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Asia-Pacific markets open higher as investors await Australian interest rate decision | 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 mostly higher on Tuesday following losses on Wall Street. S&P 500 Index and Nasdaq Index A pullback from record highs ahead of key inflation data.

Asian traders awaited Australia’s interest rate decision later in the day. A Reuters poll predicts that the Reserve Bank of Australia will maintain the benchmark interest rate at 4.35% for the 10th consecutive time.

Australian S&P/ASX 200 Index Kaiping.

Japanese Nikkei 225 Index Futures showed that the market opened higher, with the Chicago futures contract at 39,305 points and the Osaka futures contract at 39,310 points, compared with the previous closing price of 39,160.5 points.

Hongkong Hang Seng Index Index futures were at 21,359 points, higher than the Hang Seng Index’s last closing point of 20,414.09 points.

In the United States, technology stocks struggled on Monday as investors braced for key inflation data due this week.

The S&P 500 index fell 0.61% to close at 6,052.85 points; the Nasdaq index, which is dominated by technology stocks, fell 0.62% to close at 19,736.69 points. this Dow Jones Industrial Average It fell 240.59 points, or 0.54%, to close at 44,401.93 points.

Artificial Intelligence Leader NVIDIA Its shares fell about 2.6% after Chinese regulators announced the ban. Investigating artificial intelligence chip giants may violate the country’s antitrust laws.

AMDAnother chipmaker closed down 5.6%, while tech giant meta platform and Netflix Also struggled.

Bitcoin The price also fell later Crossed $100,000 for the first time ever Last week, there were signs that investors may be growing averse to risk assets.

—CNBC’s Sean Conlon and Sarah Min contributed to this report.

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