Asia-Pacific Stocks Rise on Tech Rally Boost

Asia-Pacific stocks rise, lifted by a strong overnight rally in U.S. tech stocks and investor optimism ahead of key economic data. Regional indices showed broad-based gains, with Japan, South Korea, and India leading the charge.

Asia-Pacific Markets Overview

Japan’s Nikkei 225 jumped 1.08%, while the broader Topix index advanced 1.29%, buoyed by robust earnings in the tech sector. Furthermore, South Korea’s Kospi rose 0.93%, and the Kosdaq added 0.29%, reflecting investor confidence amid a global tech upswing.

In Hong Kong, the Hang Seng Index edged up 0.16% after a choppy session, while mainland China’s CSI 300 traded flat, weighed down by mixed economic signals. Also, Australia’s S&P/ASX 200 climbed 0.41%, extending recent gains in energy and banking stocks.

India’s equity markets surged in early trading, with the Nifty 50 spiking 2.10% and the BSE Sensex rising 2.26%, as traders looked ahead to March inflation data. Analysts forecast a slight easing in the consumer price index (CPI) to 3.60%, down from 3.61% in February, while the wholesale price index (WPI) is expected to accelerate to 2.5% from 2.38%.

Asia-Pacific Stocks Rise on Tech Rally Boost

Overnight, Wall Street closed higher on the back of a strong tech-led rally. The Dow Jones Industrial Average gained 312.08 points (0.78%) to close at 40,524.79, the Nasdaq Composite added 0.64% to 16,831.48, and the S&P 500 rose 0.79% to 5,405.97.

Gains were driven by renewed investor enthusiasm following President Trump’s surprise announcement of tariff exemptions on certain technology imports, including key semiconductors, sparking a bullish run in tech shares.

U.S. futures, however, dipped slightly in pre-market trading as markets await first-quarter corporate earnings and potential fallout from new tariff plans. The U.S. Commerce Department also launched new investigations into the national security impact of semiconductor and pharmaceutical imports, adding a layer of geopolitical risk.

Commodity and Bond Market Snapshot

• Gold traded at $3,247.35, up 0.09%, while Silver gained 0.58% to $32.47.
• Brent Crude Oil rose 0.45% to $65.35, and WTI Crude advanced 0.34% to $61.86, as supply concerns supported prices.
• U.S. 10-year Treasury yield stood at 4.346%, UK 10-year at 4.6635%, and Germany’s 10-year Bund at 2.5210%, reflecting steady investor sentiment amid global inflation data.

Upcoming Economic Events

Investors are closely watching upcoming Canadian inflation data, scheduled for 12:30 PM GMT, which includes:

• CPI m/m
• Median CPI y/y
• Trimmed CPI y/y
• Common CPI y/y

These figures will be pivotal in shaping market expectations for the Bank of Canada’s next interest rate decision.

Conclusion: Asia-Pacific equities kicked off the week with solid gains, driven by a global tech rally and expectations for benign inflation data. While investors remain cautious ahead of corporate earnings and new trade policy developments, the broader market tone appears optimistic.

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