- September 9, 2022
- By: Admin1_blog
- Asia Market, Indices
Jihye Lee
Markets in Asia-Pacific were mostly higher as investors digest Federal Reserve Chair Jerome Powell’s latest comments as he vowed to raise rates to tackle inflation “until the job is done.”
In Japan, the Nikkei 225 rose 0.61% and the Topix rose 0.35%. In South Korea, the Kospi was up 0.33% and the Kosdaq rose 1.25%. In Australia, the S&P/ASX 200
also gained 0.25%.
| TICKER | COMPANY | NAME | PRICE | CHANGE | %CHANGE |
|---|---|---|---|---|---|
| .N225 | Nikkei 225 Index | *NIKKEI | 28265.38 | 200.1 | 0.71 |
| .HSI | Hang Seng Index | *HSI | 18854.62 | 0 | 0 |
| .AXJO | S&P/ASX 200 | *ASX 200 | 6879.5 | 30.8 | 0.45 |
| .SSEC | Shanghai | *SHANGHAI | 3235.59 | 0 | 0 |
| .KS11 | KOSPI Index | *KOSPI | 2384.28 | 7.82 | 0.33 |
| .FTFCNBCA | CNBC 100 ASIA IDX | *CNBC 100 | 7642.11 | 17.03 | 0.22 |
China is slated to release its August inflation data, which is expected to have picked up from July.
“China’s weak growth outlook and accommodative monetary policy stance against the aggressive tightening underway by the FOMC will keep USD/CNH well supported,” Commonwealth Bank of Australia’s FX strategist Kristina Clifton said in a note, referring to the offshore yuan.
The offshore yuan stood at 6.96, while the Japanese yen was at 143.85 and the Korean won stood at 1,383.11 against the greenback.
U.S. stock futures open little changed
U.S. stock futures opened little changed following a choppy session in the major averages as Wall Street considered the pace of future interest rate hikes.
Dow Jones Industrial Average futures rose by 23 points, or 0.07%. S&P 500 and Nasdaq 100 futures climbed 0.08% and 0.13%, respectively.
— Sarah Min
Source : CNBC
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