Sydney Opera House, Sydney, New South Wales, Australia.
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Asia-Pacific markets were set to extend gains as Wall Street rose for a second straight day and investors focused on Australia’s first-quarter inflation data.
Economists polled by Reuters said Australia’s consumer price index is expected to rise 3.5%, marking the fifth consecutive quarter of slowing inflation.
Futures are S&P/ASX 200 Index The opening price was 7,725 points and the last closing price was 7,683.5 points.
Japan’s Nikkei 225 Index The Chicago futures contract was at 38,030 points and the Osaka futures contract was at 37,960 points, while the index’s last closing price was 37,552.16 points.
Hong Kong’s Hang Seng Index futures were at 16,925 points, after opening stronger on Tuesday after leading gains in Asian markets and closing at 16,828.93 points.
Overnight, the three major U.S. stock indexes rose for a second consecutive day on Tuesday as a batch of strong corporate earnings eased concerns about rising interest rates.
this Dow Jones Industrial Average It rose 0.69%, setting a fourth consecutive winning streak.this S&P 500 Index rose 1.2%, while Nasdaq Index The largest increase was 1.59%.
—CNBC’s Brian Evans and Sarah Min contributed to this report.
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