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Asia-Pacific Gains, U.S. Policy Clarity in Focus

Asia-Pacific Gains, U.S. Policy Clarity in Focus

Asia-Pacific markets rise as investors anticipate U.S. policy clarity post-inauguration. Key gains in Hong Kong, Japan, and Australia amid central bank meetings and economic data updates.

Asian markets rose on Tuesday as investors anticipated more clarity on U.S. economic policies following President Donald Trump’s inauguration. Gains were seen across the region, with Hong Kong’s Hang Seng Index leading the pack, climbing 1.12%.

Regional Market Performance

Japan’s Nikkei 225 increased by 0.15%, though the Topix index remained flat due to mixed trading. South Korea’s Kospi edged up 0.17%, while the smaller Kosdaq index saw a slight decline of 0.32%. Meanwhile, Australia’s S&P/ASX 200 rose 0.68%, continuing its upward trend.

China’s markets showed resilience as the Shanghai Composite and CSI300 indices reversed earlier losses. The Shanghai Composite closed up 0.05%, and the CSI300 climbed 0.39%.

Commodities and Yields

In commodities, gold prices slipped slightly by 0.06% to $2,743.35 per ounce, while silver surged by 0.8% to $31.25. Oil prices showed mixed movements; Brent crude fell 0.19% to $80.09 per barrel, whereas WTI crude gained 0.43% to $76.74 per barrel.

U.S. 10-year Treasury yields in the bond markets stood at 4.548%, while the UK’s 10-year yields were at 4.65 UK’s and Germany’s at 2.492%.

Asia-Pacific Gains, U.S. Policy Clarity in Focus

Economic Data and Central Bank Meetings

Swiss Producer Price Index (PPI) data came in flat at 0.0%, falling short of the 0.2% expected, reflecting potential softness in the manufacturing sector.

Central bank meetings in Asia are also on the radar, with Malaysia expected to hold its rate steady at 3% on Wednesday. The Bank of Japan’s meeting on January 23-24 could be pivotal, as Governor Kazuo Ueda hinted at possible rate adjustments. Singapore’s Monetary Authority will conclude its policy meeting on Friday.

U.S. Market Outlook

U.S. markets were closed for Martin Luther King Jr. Day, but futures trading showed optimism. Following President Trump’s inaugural promises of revitalization, S&P 500 futures rose 0.5%, Nasdaq 100 futures gained 0.6%, and Dow Jones futures jumped 221 points, or 0.5%. Investors await more concrete policy steps from the new administration, particularly regarding trade and economic stimulus.

Upcoming Economic Indicators

Looking ahead, Canadian inflation data, including CPI and its median and trimmed versions, will be released at 01:30 PM GMT. These indicators provide insights into Canada’s inflationary pressures Canada’s potential central bank responses.

Asian markets are poised to react to these developments and upcoming policy decisions, with global investors keenly watching the unfolding economic narrative in the U.S.

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