December 26, 2024

On January 30, 2017, the Bank of Japan was headquartered in Tokyo. End the eight-year negative interest rate policy.

Kazuhiro Nogi | AFP | Getty Images

Asia-Pacific markets opened mixed on Thursday, following volatility on Wall Street as traders assessed the Federal Reserve’s decision to cut interest rates by half a percentage point.

Dow Jones Industrial Average and S&P 500 Index It surged to new highs in intraday trading before reversing to close lower.

New Zealand’s GDP fell 0.2% in the second quarter Official data released on Thursday morninglower than the 0.4% decline expected by a Reuters poll.

Asian investors will also assess Malaysia’s trade data for August and Australia’s unemployment data.

The Bank of Japan is set to end a decades-long regime of ultra-low interest rates earlier this year, concluding a two-day meeting on Friday where the central bank governor will make key rate decisions.

Australia’s S&P/ASX 200 index futures were at 8,111 points, below the previous closing record of 8,142.1 points.

Japanese Nikkei 225 Index Futures showed that the market opened stronger, with the Chicago futures contract at 36,695, up 1.14% from the previous close of 36,380.17, and the Osaka futures contract at 36,530.

Hong Kong Hang Seng Index Futures and the Hang Seng Index opened flat, hovering at 17,660 points at Tuesday’s closing price. Hong Kong markets will resume trading on Wednesday after being closed for a public holiday.

Mainland China’s CSI 300 Index futures were at 3,191 points, slightly lower than Tuesday’s closing point of 3,195.76 points.

All three major U.S. stock indexes fell overnight, with the Dow Jones Industrial Average falling 0.25% to 41,503.1 points; S&P 500 Index It fell 0.29% to close at 5,618.26. The Nasdaq fell 0.31% to 17,573.3 points.

—CNBC’s Lisa Kailai Han and Sarah Min contributed to this report.

About The Author

Leave a Reply

Your email address will not be published. Required fields are marked *