Cityscape and Tokyo Tower at sunset, Tokyo, Japan.<\/p>\n
\u00a9 Marco Bottigelli | Moment | Getty Images<\/p>\n
Asia-Pacific markets traded mixed on Wednesday as traders parsed a slew of key economic data in the region.<\/p>\n
Japan’s benchmark Nikkei 225<\/a> rose 0.57% to close at 36,045.38 while the Topix added 0.63% to close at 2,667.29. South Korea’s Kospi<\/a> slipped 0.34% to close at 2,556.61 and the Kosdaq lost 1.27% to close at 717.24.<\/p>\n Australia’s\u00a0benchmark S&P\/ASX 200<\/a> added 0.69% to close at 8,126.2. Hong Kong’s Hang Seng Index<\/a> added 0.51% to close at 22,119.41 while China’s CSI 300 slipped 0.12% to 3,770.57 after China’s manufacturing activity\u00a0fell more-than-expected into contractionary territory in April.<\/p>\n The Bank of Japan kickstarts its policy meeting on Wednesday, and is widely expected to hold rates at 0.5% when the meeting concludes on Thursday.<\/p>\n Investors are also parsing a slew of key economic data in the region. Australia’s first-quarter inflation rose 2.4% compared to the same period last year, higher than the Reuters expectation of a 2.3% climb. Meanwhile, China’s manufacturing activity\u00a0fell more-than-expected to a near two-year low, sliding into contractionary territory in April\u00a0<\/strong>as the escalating trade war with the U.S. hurts bilateral trade.<\/p>\n President\u00a0Donald Trump<\/a>\u00a0said Tuesday that tariff negotiations with India are “coming along great,”<\/a> and he believes the U.S. will strike a trade deal with the South Asian nation.<\/p>\n Speaking at a White House press briefing, Treasury Secretary Scott Bessent said the administration also held “substantial talks” with\u00a0Japan<\/a>\u00a0over a possible trade deal, and that “the contours of a deal” with\u00a0South Korea<\/a>\u00a0could be coming together.<\/p>\n Stock futures tied to the Dow Jones Industrial Average were little changed Tuesday night after the blue-chip index posted its longest winning run since July. Futures tied to the 30-stock\u00a0Dow<\/a>\u00a0fell 6 points, or 0.01%.\u00a0S&P 500 futures<\/a>\u00a0slipped 0.2%, while\u00a0Nasdaq 100 futures<\/a>\u00a0lost 0.4%.<\/p>\n Overnight stateside, the three major averages closed higher. The\u00a0Dow Jones Industrial Average<\/a>\u00a0rose on Tuesday, hitting its highs of the day.<\/p>\n The Dow climbed 300.03 points, or 0.75%, to close at 40,527.62. The\u00a0S&P 500<\/a>\u00a0gained 0.58%, ending at 5,560.83. Both indexes posted a sixth straight positive day, marking the longest win streak since July for the Dow and since November for the S&P 500. The\u00a0Nasdaq Composite<\/a>\u00a0advanced 0.55%, settling at 17,461.32.<\/p>\n \u2014 CNBC’s Sean Conlon, Alex Harring and Erin Doherty contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"Cityscape and Tokyo Tower at sunset, Tokyo, Japan. \u00a9 Marco Bottigelli | Moment | Getty Images Asia-Pacific markets…\n","protected":false},"author":2,"featured_media":62703,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[15193,4959,51,3085,2306,1395,3686,32,4750,1700,21346,2122,21347,2441,21349,15695,21348,525,16,15],"class_list":{"0":"post-62702","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-asia-economy","9":"tag-breaking-news-markets","10":"tag-business","11":"tag-business-news","12":"tag-chicago","13":"tag-china","14":"tag-donald-j-trump","15":"tag-donald-trump","16":"tag-economic-events","17":"tag-economy","18":"tag-hang-seng-index","19":"tag-japan","20":"tag-kospi-index","21":"tag-markets","22":"tag-nikkei-225-index","23":"tag-osaka","24":"tag-sp-asx-200","25":"tag-south-korea","26":"tag-uk","27":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114426497107199753","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/62702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=62702"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/62702\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/62703"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=62702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=62702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=62702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}