Major stock market indexes in Asia traded mixed on Wednesday as investors braced for the release of US inflation data during the day and the nation's jobs data later in the week, which have the potential to impact monetary policy decisions in the world's largest economy.
The traders also reacted to Japan's producer price index, which stood in line with market expectations. Investors in China also remained optimistic regarding a significant policy shift Beijing announced for 2025.
In mainland China, both the Shanghai Composite and Shenzhen Composite experienced gains, up by 0.32% and 0.46%, respectively at 3:35 am CET. Japan's Nikkei 225 went down by 0.65% at the same time.
At 3:36 am CET, Australia's S&P/ASX 200 decreased 0.49%, as the US dollar went 0.25% down against the Japanese yen, going for ¥151.5420. South Korea's Kospi climbed 0.58%, as Hong Kong's Hang Seng added 0.43% at 3:37 am CET.
