Asia Pacific Markets Fall ahead of Key Data from Australia and Japan

On Monday morning (24 June, 9:14 AM, GMT+7, Bangkok time), most indices in Asia Pacific decreased as investors kept their eyes on the announcement of inflation data from Australia and Japan coming this week.


South Korea’s KOSPI dropped by 0.81% to 2,761.6. Australia’s ASX 200 edged down by 0.64% to 7,745.8, while Japan’s NIKKEI rose by 0.23% to 38,685.03.

As for stocks in China, Shanghai’s SSEC contracted by 0.77% to 2,975.13. Shenzhen’s SZI contracted by 0.62% to 9,009.01, and Hong Kong’s HSI slumped by 0.94% to 17,858.95.


Meanwhile, the US stock markets edged down on Friday as NASDAQ decreased by 0.18% to 17,689.36. S&P 500 slid by 0.16% to 5,464.62, while the Dow Jones Industrial Average (DJIA) climbed by 0.04% to 39,150.33. VIX dipped by 0.6% to 13.2.


As for commodities, oil prices settled lower on Friday as traders raised concerns on the potential impact of a strengthening U.S. dollar and adverse economic updates from various regions on global oil demand growth. Brent futures lost 47 cents or 0.6% to $85.24 a barrel, and the West Texas Intermediate (WTI) declined 56 cents or 0.7% to $80.73 per barrel.

This morning, Brent futures declined 21 cents or 0.25% to $85.03 a barrel, and the WTI dropped 20 cents or 0.25% to $80.53 per barrel.

Meanwhile, gold futures increased by 0.17% to $2,335.1 per Troy ounce.