Asia markets set to open mixed after Wall Street gains on positive inflation data
Original story by
CNBC•Sep 10•Finance
📰 Article Summary
Asia-Pacific markets are anticipated to open mixed on Thursday following record highs on Wall Street, driven by hopes for a Fed-rate cut and positive inflation data. Japan's Nikkei 225 is set to open higher, while Australia's ASX/S&P 200 is poised for a decline. The Hong Kong Hang Seng Index also shows signs of a lower opening. In the U.S., major indices achieved record highs, with the S&P 500 and Nasdaq Composite finishing at all-time closing highs. Investors await key consumer inflation data scheduled to be released in the U.S. later today.
📌 Key Facts
- Mixed Market Openings: Asia-Pacific markets are expected to open mixed, with Japan's Nikkei 225 poised for a higher start and Australia's ASX/S&P 200 expected to open lower.
- U.S. Market Influences: Wall Street hit record highs recently, influenced by indications of a potential Fed-rate cut and positive inflation reports.
- Nikkei 225 Future Contracts: Nikkei 225 futures contracts indicate a potential increase, with figures suggesting an opening above the previous close of 43,837.67.
- ASX/S&P 200 Futures: In contrast, the ASX/S&P 200 futures indicate a lower opening at 8,805 against its last close of 8,830.4.
- Awaiting Inflation Data: U.S. equity futures were mostly unchanged as investors awaited a crucial inflation gauge for August, further impacting market sentiments.
📂 Article Classification
Topic Tags: Financial Market Updates
📍 Location
Tokyo, Japan
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