Asia markets to drop ahead of inflation knowledge from Japan and Hong Kong

Asia markets to drop ahead of inflation knowledge from Japan and Hong Kong


A male pushes a trolley across a avenue in the Kowloon district of Hong Kong on November 22, 2022.

Isaac Lawrence | Afp | Getty Images

Asia-Pacific markets are set to slide on Friday forward of crucial economic facts from Japan, Australia and Hong Kong.

Japan’s will release its main and headline inflation print for March, with its main inflation anticipated to keep continual at an unchanged fee of at 3.1%.

The Nikkei futures contract in Chicago was at 28,610, while its counterpart in Osaka was at 28,600 against the Nikkei 225’s previous near at 28,657.57.

In Australia, futures for the S&P/ASX 200 stood at 7,339, compared to the index’s last near of 7,362.2.

Japan and Australia will launch flash estimates for April buying supervisors index afterwards currently.

Futures tied to Hong Kong’s Hang Seng index pointed to a decreased open up for the current market, standing at 20,274 when compared to the index’s final close of 20,396.97. Hong Kong will also release its inflation information for March, which is expected arrive in at 1.8%.

Overnight in the U.S., all a few key indexes fell as traders assessed a combined bag of company earnings, which includes disappointing results from Tesla.

The Nasdaq Composite slipped .8%, while the Dow Jones Industrial Average lost .33%. The wide-based S&P 500 dropped .6%.

— CNBC’s Tanaya Macheel contributed to this report



Source

Apple iPhone shipments to beat Samsung for the first time in 14 years, report says
World

Apple iPhone shipments to beat Samsung for the first time in 14 years, report says

Apple CEO Tim Cook holds up a new iPhone 17 Pro during an Apple special event at Apple headquarters on September 09, 2025 in Cupertino, California. Justin Sullivan | Getty Images Apple is set to ship more smartphones than Samsung in 2025, the first time it will have done so in 14 years, Counterpoint Research […]

Read More
UK government borrowing costs seesaw as official economic forecasts released early
World

UK government borrowing costs seesaw as official economic forecasts released early

LONDON, UNITED KINGDOM – MARCH 26, 2025: Britain’s Chancellor of the Exchequer Rachel Reeves leaves 11 Downing Street ahead of the announcement of the Spring Statement in the House of Commons in London, United Kingdom on March 26, 2025. (Photo credit should read Wiktor Szymanowicz/Future Publishing via Getty Images) Wiktor Szymanowicz | Future Publishing | […]

Read More
CNBC’s The China Connection newsletter: Foreign investors warm to China’s cheaper AI valuations despite fears of a U.S. bubble
World

CNBC’s The China Connection newsletter: Foreign investors warm to China’s cheaper AI valuations despite fears of a U.S. bubble

This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Sitting in his new Beijing office, AI2 Robotics Founder and CEO Eric Guo wistfully reflected on fundraising challenges in China — and noted that U.S.-based […]

Read More