Asia Pacific Markets Mostly Rise as Investors Anticipate Crucial Economic Data

On Friday morning (5 Jan, 9:30 AM, GMT+7, Bangkok time), major indices in Asia Pacific mostly increased as investors awaited Southeast Asia’s economic data later in the day, including inflation numbers from Thailand, as well as retail sales data from Singapore.


Japan’s NIKKEI climbed by 0.45% to 33,436.73. Australia’s ASX 200 rose by 0.07% to 7,499.6, while South Korea’s KOSPI slid by 0.08% to 2,584.9.

As for stocks in China, Shanghai’s SSEC grew by 0.01% to 2,954.53. Hong Kong’s HSI increased by 0.09% to 16,661.14, while Shenzhen’s SZI declined by 0.09% to 9,206.66. 


Meanwhile, the US stocks market edged lower on Thursday as NASDAQ slumped by 0.56% to 14,510.3. S&P 500 decreased by 0.34% to 4,688.68, while the Dow Jones Industrial Average (DJIA) edged up by 0.03% to 37,440.34. VIX increased by 0.64% to 14.13.


As for commodities, oil prices slid on Thursday as a large amount of weekly reserved  gasoline and distillate outweighed the draw of a larger-than-expected crude stock. Brent dropped by 0.8% to $77.59 per barrel, and the West Texas Intermediate (WTI) decreased by 0.7% to $72.19 a barrel.

This morning, Brent rose by 0.37% to $77.88 a barrel, and WTI gained 0.57% to $72.6 per barrel. 

Meanwhile, gold futures grew by 0.17% to $2,053.5 per Troy ounce.