Asian Markets Respond to Economic Data

On Wednesday, the Asia-Pacific stock markets mostly experienced gains as investors analyzed the latest economic indicators. The Australian Bureau of Statistics reported a rise in inflation to 2.5%, a significant figure that caught the attention of market participants. Meanwhile, the Bank of Japan released minutes from its recent meeting, offering insights into the board members' discussions on monetary policy.

Market Performance Highlights

Japan's Nikkei 225 saw an increase of 0.50% by 3:27 am CET, while Australia's S&P/ASX 200 grew by 0.94% at 3:28 am CET. However, markets in South Korea, Hong Kong, and China remained closed due to holidays.

Currency Movements

At 3:30 am CET, the dollar maintained a steady position against the yen, trading at 155.61550.