Asia Pacific Market Rise as Typhoon Halt Hong Kong Trading

This morning (1 Sep), most of Asia Pacific indices raised as Super Typhoon Saola coming for Hong Kong, while energy prices like crude oil have been significantly increasing.

Leading by Chinese Shenzhen SZI, the index got 0.8% gain over 10,5000 and Shanghai SSEC also increase with almost 0.7% gain, reaching 3,140. Japan NIKKEI followed the train with over +0.6% gain, moving index up to 32,820.

On the other hand, Australia ASX 200 and New Zealand NZX 50 both lost by at least 0.3% moving the indices down to 7,280 and 11,510 respectively.

Meanwhile, last night US Index Futures was mixed with S&P 500 slightly falling but still over 4,520, while NASDAQ got a slight gain and still over 15,540 but the commodities have been increasing as WTI crude oil is touching $83.8 per barrel and Brent is breaking $87 per barrel. Furthermore, the US Dollar index or DXY has swung back up to 103.6, causing other currencies slightly down.