Japan prospects losses in Asia as investors assess Fed meeting minutes

Japan prospects losses in Asia as investors assess Fed meeting minutes


A pedestrian walks previous an electronic board demonstrating the amount of the Japanese yen compared to the US dollar (left) and the closing numbers of the Tokyo Stock Trade (proper) along a avenue in Tokyo on December 19, 2023.

Kazuhiro Nogi | AFP | Getty Pictures

Asia-Pacific marketplaces fell Thursday, led by Japan as the state resumed buying and selling following an prolonged New Year’s vacation during which it witnessed an earthquake that has claimed at least 65 life and a collision at Tokyo’s Haneda airport involving Japan Airlines.

The benchmark Nikkei 225 tumbled 2.26% on its open, while the Topix also slid 1.25% as Japan kicks off its initially working day of trade in 2024.

South Korea’s Kospi was down .64%, and the small-cap Kosdaq was reduce by .69%.

In Australia, the S&P/ASX 200 retreated even more from Wednesday, shedding .5% in early trade.

In contrast, Hong Kong’s Dangle Seng index futures stood at 16,755, pointing to a rebound as opposed to the HSI’s near of 16,646.41.

On Friday in the U.S., all 3 key indexes dropped ground just after the Fed minutes revealed officers concluded that fascination level cuts ended up very likely in 2024, although they appeared to give tiny in the way of when that may take place. 

The Dow Jones Industrial Average dropped .76%, whilst the broad-current market S&P500 shed .8%. The Nasdaq Composite misplaced 1.18%, marking its fourth consecutive losing day.

— CNBC’s Lisa Kailai Han and Samantha Subin contributed to this report



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