Asia Pacific Markets Bounce Back as Japan Inflation Slows, Wall Street Rises

On Friday morning (22 Dec, 9:30 AM, GMT+7, Bangkok time), most of the major indices in Asia Pacific rose as minutes of the Bank of Japan meeting in October showed that policymakers were discussing a shift in yield control policy, and the country’s headline inflation rate slowed to the lowest level since July 2022.


Japan’s NIKKEI rose by 0.21% to 33,209.34. South Korea’s KOSPI increased by 0.3% to 2,607.72, and Australia’s ASX 200 edged up by 0.11% to 7,512.2.

As for stocks in China, Hong Kong’s HSI jumped by 0.42% to 16,690.61, while Shanghai’s SSEC fell by 0.3% to 2,909.97, and Shenzhen’s SZI slumped by 0.51% to 9,209.58. 


Meanwhile, the US stocks market increased on Thursday as the Dow Jones Industrial Average (DJIA) edged up by 0.87% to 37,404.35. NASDAQ rose by 1.26% to 14,963.87, and S&P 500 gained 1.03% to 4,746.75. VIX decreased by 0.15% to 13.65.


As for commodities, oil prices edged lower following Angola’s statement to depart from OPEC.

On Thursday, Brent dropped by 0.39% to $79.39 per barrel, and the West Texas Intermediate (WTI) slid by 0.44% to $73.89 a barrel. 

As for this morning, Brent gained 0.71% to $79.95 a barrel, and WTI increased by 0.72% to $74.42 per barrel. Gold futures rose by 0.44% to $2,060.3 per Troy ounce.