Asia Pacific Markets Fall after a Plummet in Wall Street as Investors Eye US Inflation

This morning (13 Sep), Asia Pacific markets fell as investors were anticipating the UK GDP and US CPI that will be published later today.

Shenzhen SZI is leading the loss over 1% to 10,260, Australian ASX 200 is following with 0.9% loss, dropping the index under 7,150, Shanghai SSEC is also plunging by 0.6% to 3120, while other major indices are all at the downside with lesser losses.

Meanwhile, US Futures are also falling since last night. S&P 500 is barely hanging over 4,500 and NASDAQ is falling below 15,500 despite the new iPhone reveal yesterday.

Gold is falling to almost $1,930 per Troy ounce and US Dollar index (DXY) is falling to 104.3. The only sectors that are rising are energies like WTI crude oil at almost $89 and Brent is over $92 per barrel.