The Chinese market is closed.
The Hong Kong market is closed.
Australia -0.30%. Australian data – Westpac Leading Index for December -0.13% (previously -0.16%).
Australia Q4 Headline CPI 1.9% q / q (expected 1.6%). Inflation in Australia rose to a new 32-year high of 7.8% in the last quarter of Fiscal year 2022, which marks the fastest pace since March 1990.
Overnight on Wall Street, the major stock indexes struggled to adjust with the Dow Jones Industrial Average closing for a third day of gains, while the S&P 500 and Nasdaq Composite fell. The Dow gained 104.40 points, or 0.31%, to close at 33,733.96. This marked the third straight day of gains for the 30-stock index. The S&P 500 fell 0.07% to settle at 4,016.95, while the Nasdaq Composite fell 0.27% to end at 11,334.27.
RBNZ CPI forecast 5.8% y/y (5.6% before – this is its Sectoral Factor Model. NZ Q4 CPI higher than expected.
New Zealand Q4 inflation 1.4% q / q (expected 1.3%) 7.2% y / y (expected 7.1%).
Singapore’s average interest rate rose 5.1% in December on a year-over-year basis, according to the Ministry of Trade and Industry.
Gold prices traded lower on Wednesday as investors shied away from big bets ahead of this week’s U.S. economic growth, while expectations of a gradual rate hike from the Federal Reserve put bullion’s performance on edge.
Spot gold was steady at $1,937.09 an ounce, as of 0249 GMT, after hitting its highest level since late April 2022 on Tuesday. US Gold Future it was up 0.2% at $1,940.00.
Among other precious metals, silver it fell 0.2% to $23.62 an hour and platinum lost 0.2% to $1,054.40. Palladium rose 0.1% to $1,745.38.
The future of the US is down. Dow Jones -0.23%; The value of the S&P500 -0.39%; Nasdaq -0.67%.