On Tuesday morning (30 September, 9:24 AM, GMT+7, Bangkok time), most indices in Asia Pacific increased as investors monitored interest rate decision from the Reserve Bank of Australia. A Reuters poll indicated that the RBA is likely to keep the key policy rate unchanged at 3.6%, with persistent inflation limiting the central bank’s scope to ease monetary policy.
Japan’s NIKKEI contracted by 0.11% to 44,995.85. South Korea’s KOSPI dipped by 0.01% to 3,430.77, while Australia’s ASX 200 climbed by 0.06% to 8,867.9.
As for stocks in China, Shanghai’s SSEC surged by 0.29% to 3,873.91. Hong Kong’s HSI rose by 0.4% to 26,730.1, and Shenzhen’s SZI grew by 0.5% to 13,547.29.
The U.S. stock markets edged up on Monday as the Dow Jones Industrial Average (DJIA) expanded by 0.15% to 46,316.07. NASDAQ gained 0.48% to 22,591.15, and S&P 500 added 0.26% to 6,661.21. VIX soared by 5.43% to 16.12.
As for commodities, oil prices settled lower on Monday, pressured by expectations of increased global supply following news that OPEC+ intends to raise output levels again in November and Iraq’s Kurdistan region resumed oil exports via Turkey. Brent crude shed $2.16, or 3.1%, closing at $67.97 per barrel by 11:33 a.m. ET (1533 GMT). U.S. West Texas Intermediate crude slid $2.27, or 3.45%, to settle at $63.45.
This morning, Brent futures declined 40 cents, or 0.59%, to $67.57 a barrel, and the WTI lost 34 cents, or 0.54%, to $63.11 per barrel.
Meanwhile, gold futures increased by 0.5% to $3,874.6 per Troy ounce.
