Asia Pacific Markets Trade Mixed as Investors Evaluate Tokyo’s Inflation data

On Friday morning (26 Jan, 9:30 AM, GMT+7, Bangkok time), major indices in Asia Pacific traded mixed as investors assessed inflation data from Tokyo, while Tesla’s outlook announcement from yesterday extended the downtrend of EV stocks.


Japan’s NIKKEI fell by 1.03% to 35,864.25. South Korea’s KOSPI surged by 1.07% to 2,496.87, and Australia’s ASX 200 rose by 0.48% to 7,555.4.

As for stocks in China, Shanghai’s SSEC remained unchanged at 2,905.97. Hong Kong’s HSI dropped 0.01% to 16,210.61, and Shenzhen’s SZI edged down by 0.19% to 8,839.1.


Meanwhile, the US stocks market edged higher on Thursday as the Dow Jones Industrial Average (DJIA) climbed by 0.64% to 38,049.13. NASDAQ gained 0.18% to 15,510.5, and S&P 500 surged by 0.53% to 4,894.16. VIX jumped by 2.36% to 13.45.


As for commodities, oil prices settled higher on Thursday as oil supply from the US was still affected by a winter storm, while the strong economic growth of the country and China’s stimulus measure signaled robust oil demand this year. Brent increased $2.39 or 2.99% to $82.43 per barrel, and the West Texas Intermediate (WTI) rose $2.27 or 3.02% to $77.36 a barrel.

This morning, Brent decreased 30 cents or 0.36% to $82.13 a barrel, and WTI edged down 41 cents or 0.53% to $76.95 per barrel. 

Meanwhile, gold futures rose by 0.27% to $2,023.3 per Troy ounce.