Saturday, May 4, 2024, an upscale shopping district in Ginza, Tokyo, Japan.
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Asia-Pacific markets are set to open lower on Wednesday despite gains on Wall Street ahead of a U.S. consumer inflation report for August on Wednesday.
Asian traders parse key economic data from Japan and South Korea. South Korea’s unemployment rate fell to 2.4% in August, the lowest level since the data series began in 1999, according to Statistics Korea.
The Reuters Tankan survey, a monthly survey tracking Japanese business confidence, showed business confidence among large manufacturers fell to +4 in September from +10 in August, the lowest in seven months. Non-manufacturing confidence fell for the third consecutive month to +23 from +24.
Republican Donald Trump and Democratic Vice President Kamala Harris will meet for the first time in a presidential debate, their only face-off before November’s US presidential election.
Sent by the Federal Trade Commission seven and me Notice of potential investigation into potential transactions with Canadian food companies Kush-Tade, Reuters reports Wednesday, citing two sources. seven and me recently rejected Couch-Tade’s proposal was motivated in part by U.S. antitrust concerns.
Australian futures S&P/ASX 200 Index It closed at 8,014 points, lower than the previous closing price of 8,011.9 points.
Japanese Nikkei 225 Index Futures showed that the market opened lower, with the Chicago futures contract at 36,110 points and the Osaka futures contract at 36,100 points, compared with the previous closing price of 36,150 points.
Hong Kong Hang Seng Index futures were at 17,072 points, lower than the Hang Seng Index’s last closing point of 17,190 points.
U.S. stocks were volatile during Tuesday’s trading session overnight, with two of the three major U.S. stock indexes closing higher as traders bet that a widely expected interest rate cut at the Federal Reserve’s September meeting will ease concerns about a weakening economy.
broad based S&P 500 Index up 0.45%, Nasdaq Index rose 0.84%, while Dow Jones Industrial Average down 0.23%.
—CNBC’s Brian Evans and Pia Singh contributed to this report.
