The container was loaded on June 14, 2022, at the premises of Singapore Port operator PSA, the Port of Singapore Authority (PSA).
Bernd von Utzenka | Picture Alliance | Getty Images
Most Asia-Pacific markets were set to open higher on Tuesday after a mixed session on Wall Street as investors prepared for the start of a monetary easing cycle by the Federal Reserve.
The Fed is expected to announce its first rate cut since March 2022, but markets are divided over how much to cut at the two-day policy meeting that begins on Tuesday.
U.S. retail sales data will also be in focus as investors keep a close eye on consumer health ahead of the Federal Reserve meeting.
Asian traders will also focus on Singapore’s non-oil domestic exports in August, which analysts polled by Reuters expect will rise 15% year-on-year but fall 3.3% month-on-month.
Tuesday’s economic data also includes India’s wholesale prices in August, which are expected to rise 1.85% on the year, down from 2.04% in July.
Chinese power manufacturer Midea Group plans to list in Hong Kong at HK$54.80 per share, which would be the city’s largest listing in more than three years.
Some Asian markets will be closed for the Mid-Autumn Festival, including South Korea, China and Taiwan. Japanese markets will resume trading on Tuesday after being closed for a public holiday on Monday.
Australia’s S&P/ASX 200 index futures were at 8,168 points, higher than the index’s last closing point of 8,121.6 points.
Japanese futures contracts Nikkei 225 Index Chicago was trading at 36,650 points and Osaka was trading at 36,170 points, while the benchmark index’s previous close was 36,581.76 points.
Hong Kong Hang Seng Index The futures index was at 17,425 points, slightly higher than the Hang Seng Index’s last closing point of 17,422.12 points.
The US Dow Jones Industrial Average rose 0.55% overnight, hitting a record high of 41,622.08 points, following the rise in the Dow Jones Industrial Average. S&P 500 Index It rose 0.13% to close at 5,633.09. If its momentum continues, the broad-based index could set a new all-time record this week.
at the same time Nasdaq Index dragged down by technology stocks, it fell 0.52% to close at 17,592.13 points.
—CNBC’s Hakyung Kim and Pia Singh contributed to this report.
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