Asia and Pacific markets follow Wall Street gains with high federal reserve rates

Asia and the Pacific markets rose on Wednesday, as they tracked Wall Street, as hopes for a decrease in the federal reserve rate, while investors also evaluated inflation data in August from China.

Consumer prices in China It decreased by 0.4 % year on an annual basis in AugustAccording to the data of the National Bureau of Statistics issued on Wednesday, missing expectations were lost by a 0.2 % decrease by the economists included in Reuters.

Meanwhile, the product price index decreased by 2.9 % on an annual basis, in line with expectations and improvement of a 3.6 % decrease in July.

Asian technology companies shares part of appleThe top supply chain was circulated after launching iPhone, watches and new AirPods on Tuesday. IPhone, headquartered in Taiwan Foxconn 1.2 % increased and Samsung Electronics 1.4 % increased. However, the investors seemed not affected by the latest Apple assortment, as the shares of the Cuperno -based company closed by 1.48 %.

Japan Nikki 225 The standard increased by 0.72 %, while the Topix index increased by 0.53 %.

In Australia, S&P/ASX 200 was 0.16 % higher.

The Chinese CSI 300 increased by 0.22 %. Hong Kong Hang Singh Fahras 1.16 % has advanced to its highest level since late 2021, while the Hang Seng Tech Index increased by 1.76 %.

Hong Kong stocks listed Ali Baba Group PRED gains to rise by 2.1 %, after reaching the highest level in the early year of the session. This comes after the Chinese Humanoid Robot company X Square Robot announced that it had received about $ 100 million in a financing round led by Alibaba Cloud.

South Korea KosPI The index is offered by 1.5 % to its highest level since the end of 2021. The modified unemployment rate in the country increased to 2.6 % in August compared to 2.5 % in July, According to government data. Small Cospeak increased by 0.53 %.

The Jakarta boat index in Indonesia increased by 0.81 %, and recovered from the three -sessions chain. The index closed by 1.78 % in the previous session after President Prabu Sobinto, Secretary of Finance, Sri Moliani Andrewati, refused late on Monday.

The Indonesian rupee has strengthened 0.15 % to 16,446, after more than 1 % fell in the previous session.

Meanwhile, the Screats Times in Singapore jumped by 1 % to a new record at 4341.32.

The standard NIFTy 50 in India opened 0.42 % higher, while the Sensex index increased by 0.5 %.

Futures for stocks in the United States increased slightly in the early Asian watches, as traders looked to issue the latest product price index on Wednesday and consumer price index data on Thursday, which will provide more insight into the effect of inflation on the economy.

Overnight, all the three main standards in the United States were closed at the highest levels ever, as investors have moved their concerns about disappointing job data and betting on reducing federal reserves.

the S & P 500 The index settled 0.27 % in 6,512.61, while Nasdak It gained 0.37 % to finish today at 21,879.49, with the latter reaching the highest new level ever. the Dow Jon’s industrial average End 196.39 points, or 0.43 %, in 45,711.34, thanks to a leap in United Arrows.

– CNBC and Sarah Maine contributed to this report.