Japan (NKY:IND) -1.32%. Japan’s trade balance returns to surplus in March as exports rise. Exports from Japan increased 7.3% year-on-year to a peak of 9,469.60 billion yen in three months in March 2024. Imports to Japan fell 4.9% year-on-year. JPY 9,103.13 billion as of March 2024.
The Reuters Tankan index of manufacturer sentiment in Japan fell slightly to +9 in April 2024 from +10 in March.
China (SHCOMP) +1.85%.
Hong Kong (HSI) -0.42%.
India (SENSEX) -0.62%.
Australia (AS51) -0.09%. In March 2024, Australia’s leading Westpac-Melbourne Institute economic index fell 0.1% month-on-month, following a 0.1% increase the previous month.
In the United States, all three major indexes closed mixed on Tuesday as investors reacted to another set of quarterly corporate results and the latest remarks from U.S. Federal Reserve Chair Jerome Powell, in which he indicated that policymakers would not they are in a hurry to cut interest rates. He said that “there has been a lack of further progress towards returning to our inflation target so far this year.”
Additionally, investors remained vigilant amid ongoing tensions in the Middle East following Iranian missile and drone attacks on Israel over the weekend.
U.S. stock futures were mixed Wednesday as first-quarter earnings season gets into full swing this week: Dow +0.02%; S&P500 -0.08%; Nasdaq -0.22%.
Currencies: (JPY:USD), (CNY:USD), (AUD:USD), (INR:USD), (HKD:USD), (NZD:USD).