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Asia Pacific Markets

All articles tagged with #asia pacific markets

Micron earnings spark futures rally as traders eye May inflation read
markets20 days ago

Micron earnings spark futures rally as traders eye May inflation read

U.S. stock futures rose after Micron’s blowout earnings and strong guidance, lifting chip names and helping sentiment even as the S&P 500 and Nasdaq fell in regular trading while the Dow gained. Investors are awaiting May's PCE inflation data and other key reports, with earnings from McCormick, Commercial Metals, Darden, and Winnebago on deck. Asia-Pacific markets opened broadly higher on tech-led gains, and oil prices pulled back as Hormuz traffic resumed; SK Hynix also announced a Nasdaq listing.

Nikkei Hits Record as Asia-Pacific Markets Rally Amid Iran Tensions
markets1 month ago

Nikkei Hits Record as Asia-Pacific Markets Rally Amid Iran Tensions

Asian stocks rose as Japan’s Nikkei 225 hit a record while markets weighed ongoing U.S.–Iran tensions over the Strait of Hormuz. Oil climbed (WTI around $94.8–95 and Brent near $97), China edged higher, Hong Kong fell, and Australia’s ASX 200 gained on GDP data (2.5% YoY). South Korea was closed for a holiday. U.S. futures were broadly flat after a mixed prior session in which the S&P 500 and Dow posted gains.

Asia-Pacific Stocks Rise on Iran Ceasefire Hopes as Snowflake Drives AI Rally
business1 month ago

Asia-Pacific Stocks Rise on Iran Ceasefire Hopes as Snowflake Drives AI Rally

Asia-Pacific stocks rose as investors balanced renewed Iran tensions against signs of a ceasefire, with Nikkei 225 up 0.88%, Kospi up 2.68%, Hang Seng up 0.68%, CSI 300 up 0.38%, and ASX 200 up 0.72%. In the U.S., major indices closed at records after Snowflake jumped 36.5% on strong AI guidance and a $6 billion AWS deal, while futures were broadly flat as talks on a temporary Iran ceasefire progressed.

Oil climbs and markets wobble as U.S.-Iran tensions spike
business1 month ago

Oil climbs and markets wobble as U.S.-Iran tensions spike

Global equities fell as fresh U.S. strikes on Iran raised Middle East tensions, sending oil prices higher (WTI ~$90.65, Brent ~$96) and weighing on Asia-Pacific and European stock indices. Korea’s Kospi, Japan’s Nikkei, Hong Kong’s Hang Seng and the pan-European Stoxx 600 moved lower, while China showed mixed moves. Notable movers included Chinese EV maker Nio and LG Energy Solution in Korea, which gained on launches and new deals. Investors also watched Fed officials signal inflation as the top priority ahead of a key PCE price index release.

Regional markets rise as Dow hits record; oil climbs amid Iran tensions
markets1 month ago

Regional markets rise as Dow hits record; oil climbs amid Iran tensions

Asia-Pacific equities gained as Wall Street closed at a record high and Brent crude climbed to about $105 amid U.S.–Iran tensions after Trump blocked the Strait of Hormuz. Japan’s Nikkei 225 surged 2.68% to 63,339.07 (Topix +1%), with core inflation cooling to 1.4% in April, easing BOJ rate-hike expectations. Korea’s Kospi +0.41% and Kosdaq up sharply, Hong Kong’s Hang Seng +1.03%, and China’s CSI 300 +1.26%; India’s Nifty 50 and Sensex also higher. U.S. 10-year yields eased to around 4.57% and the 30-year yield nudged lower. Moody’s warned that longer-term borrowing costs could rise due to defense spending and expansive AI/data-center investment, underscoring a still-challenging global financing backdrop.

Asia-Pacific stocks mixed as Trump’s ceasefire doubts weigh on mood; Nikkei climbs
business2 months ago

Asia-Pacific stocks mixed as Trump’s ceasefire doubts weigh on mood; Nikkei climbs

Asia-Pacific equities were mixed after President Trump said the U.S.-Iran ceasefire is on ‘massive life support,’ with Japan’s Nikkei 225 higher while Korea’s Kospi fell. Investors also digested BOJ minutes suggesting rate hikes and a rise in 10-year yields, as Hong Kong gained modestly and U.S. stock futures pointed to small advances amid firmer oil prices and ongoing inflation concerns.

Asia Markets Rally as Oil Dips and Iran Talks Loom
business3 months ago

Asia Markets Rally as Oil Dips and Iran Talks Loom

Asia-Pacific stocks rose as oil prices fell and optimism about Iran-U.S. diplomacy grew, with the Nikkei 225 and Hang Seng up and CSI 300 modestly higher; WTI crude slid to $90.97 while Brent rose to $95.10. U.S. futures were modestly lower, but overnight led by a broad rally in equities (S&P 500 +1.18%, Nasdaq +1.96%, Dow +0.66%). Samsung SDS jumped 20% after KKR agreed to buy its convertible bonds, and China said it will issue 15.5 billion yuan of treasury bonds in Hong Kong on April 22.

Asia-Pacific Markets Decline as US Stocks Waver Amid Fed and China Data
business6 months ago

Asia-Pacific Markets Decline as US Stocks Waver Amid Fed and China Data

Asia-Pacific markets declined on the last trading day of the year amid holiday closures, with China’s factory activity expanding in December for the first time since March, signaling a potential economic rebound. Meanwhile, U.S. markets experienced modest declines, influenced by tech stock losses, with the MSCI All Country World Index reaching a record high for the year.