Asia Pacific Markets Trade Mixed as Investors Monitor Fed’s Rate Decision after CPI Data

On Wednesday morning (13 Dec, 9:30 AM, GMT+7, Bangkok time), Asia Pacific major indices traded mixed as Japan’s Tankan survey developed over expectations, and investors prepared for the US Fed rate decision.


Japan’s NIKKEI rose by 0.49% to 33,004.56. South Korea’s KOSPI decreased by 0.24% to 2,529.18, and Australia’s ASX 200 edged up by 0.41% to 7,265.1.

As for stocks in China, Shanghai’s SSEC slid by 0.46% to 2,989.52. Hong Kong’s HSI slumped by 0.64% to 16,270.45, and Shenzhen’s SZI dropped by 0.59% to 9,568.66.


Meanwhile, the US stocks market grew on Tuesday as the Dow Jones Industrial Average (DJIA) edged up by 0.48% to 36,577.94. NASDAQ rose by 0.7% to 14,533.4, and S&P 500 gained 0.46% to 4,643.7. VIX decreased by 4.43% to 12.07.


As for commodities, oil prices fell to the lowest in six months as concerns on the oversupplied oil collided with the weakening demand, leading the prices to continue declining.

Brent slid by 3.7% to $73.24 per barrel, and the West Texas Intermediate (WTI) edged down by 3.8% to $68.61 a barrel. 

As for this morning, Brent gained 0.15% to $73.35 a barrel, and WTI grew by 0.16% to $68.72 per barrel. Furthermore, gold futures increased by 0.03% to $1,993.7 per Troy ounce.