{"id":68531,"date":"2024-10-15T17:15:42","date_gmt":"2024-10-15T06:15:42","guid":{"rendered":"https:\/\/icmarkets.com.au\/blog\/?p=68531"},"modified":"2025-11-10T16:49:33","modified_gmt":"2025-11-10T05:49:33","slug":"tuesday-15th-october-2024-asia-pacific-markets-mixed-amid-record-gains-on-wall-street","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com.au\/blog\/tuesday-15th-october-2024-asia-pacific-markets-mixed-amid-record-gains-on-wall-street\/","title":{"rendered":"Tuesday 15th October 2024: Asia-Pacific Markets Mixed Amid Record Gains on Wall Street"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Asia-Pacific Markets Mixed Amid Record Gains on Wall Street<br \/><br \/>Global Markets:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;Asian Stock Markets : Nikkei up 1.24%, Shanghai Composite down 1.06%, Hang Seng down 1.8% ASX up 0.79%<\/li>\n\n\n\n<li>Commodities : Gold at $2657.35 -(0.24%), Silver at $31.10 (-0.54%), Brent Oil at $74.14 (-3.66%), WTI Oil at $70.98 (-3.52%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.093, UK 10-year yield at 4.240, Germany 10-year yield at 2.276<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">News &amp; Data:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>(CNY) Trade Balance&nbsp; 583B&nbsp; vs 651B expected<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Markets Update:<\/h3>\n\n\n\n<p>Asia-Pacific markets were mixed on Tuesday, following record-breaking gains on Wall Street, where both the Dow Jones Industrial Average and the S&amp;P 500 reached new all-time highs. Investors in the region were focused on trade data from South Korea, which reported a sharp rise in trade surplus, jumping to $6.7 billion in September from $3.7 billion in August. Despite this, South Korea&#8217;s Kospi and the small-cap Kosdaq indexes remained mostly flat.<\/p>\n\n\n\n<p>In China, the mainland CSI 300 index fell by 0.5%, recovering some ground after an earlier drop of more than 1%. Meanwhile, Hong Kong\u2019s Hang Seng index declined by 1.8%. China&#8217;s September trade data, released after markets closed on Monday, missed expectations, with exports increasing by 2.4% year-over-year and imports up by just 0.3%.<\/p>\n\n\n\n<p>Japan\u2019s Nikkei 225 performed strongly, rising by 1.3%, while the broader Topix index gained 1%. Australia\u2019s S&amp;P\/ASX 200 also saw positive movement, climbing 0.8%. Despite regional differences, some markets in Asia benefited from the positive sentiment carried over from Wall Street.<\/p>\n\n\n\n<p>In the U.S., the S&amp;P 500 rose 0.77% to 5,859.85, while the Dow Jones Industrial Average gained 201.36 points to close at 43,065.22, marking its first close above the 43,000 level. The Nasdaq Composite also saw growth, advancing 0.87% to finish at 18,502.69. The record highs in the U.S. markets fueled optimism but were met with mixed reactions across Asia.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Upcoming Events:&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>12:30 PM GMT &#8211; CAD CPI m\/m<\/li>\n\n\n\n<li>12:30 PM GMT &#8211; CAD Median CPI y\/y<\/li>\n\n\n\n<li>12:30 PM GMT &#8211; CAD Trimmed CPI y\/y<\/li>\n\n\n\n<li>12:30 PM GMT &#8211; CAD Common CPI y\/y<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Asia-Pacific Markets Mixed Amid Record Gains on Wall Street Global Markets: [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":74214,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-68531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/68531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/comments?post=68531"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/68531\/revisions"}],"predecessor-version":[{"id":68537,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/68531\/revisions\/68537"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media\/74214"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media?parent=68531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/categories?post=68531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/tags?post=68531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}