On Tuesday morning (14 May, 9:17 AM, GMT+7, Bangkok time), major indices in Asia Pacific traded mixed as investors digested inflation data from India and Japan. India’s inflation indicated a rise in CPI by 4.83% YoY, which was in line with the 4.8% estimations from economists polled by Reuters. As for Japan, the country’s corporate inflation was steady in April compared to the same period last year, while import prices rose 6.4% YoY, potentially affected by the weakened yen.
Japan’s NIKKEI edged up by 0.18% to 38,246.37. South Korea’s KOSPI climbed by 0.08% to 2,729.41, while Australia’s ASX 200 dropped by 0.23% to 7,732.
As for stocks in China, Shanghai’s SSEC lost 0.19% to 3,142.03. Shenzhen’s SZI declined by 0.22% to 9,651.72, while Hong Kong’s HSI rose by 0.12% to 19,138.05.
Meanwhile, the US stock markets were mixed on Monday as the Dow Jones Industrial Average (DJIA) decreased by 0.21% to 39,431.51. S&P 500 slid by 0.02% to 5,221.42, while NASDAQ grew by 0.29% to 16,388.24. VIX jumped by 8.37% to 13.6.
As for commodities, oil prices settled higher on Monday as data from China showed signs of rising demand, while crude supply was at risk of being disrupted by wildfires in Western Canada. Brent futures climbed 42 cents, or 0.5%, to $83.21 a barrel, and the West Texas Intermediate (WTI) increased 66 cents, or 0.8%, to $78.92.
This morning, Brent futures for July gained 5 cents or 0.06% to $83.41 a barrel, and the WTI for June edged up 6 cents or 0.08% to $79.18 per barrel.
Meanwhile, gold futures rose by 0.18% to $2,347.3 per Troy ounce.
