Asia-Pacific equities were mixed overnight Tuesda as investors assessed geopolitical developments and fresh signals from the US Federal Reserve.
Market sentiment was cautiously optimistic following news of a ceasefire between Israel and Iran, reportedly brokered by US President Donald Trump. The agreement has sparked hopes for de-escalation in the region, though investors remain skeptical on the concept of lasting peace.
In Australia, the S&P/ASX 200 (^AXJO) pushed up 0.1% alongside a broader cooling of monthly CPI following the Reserve Bank cutting interest rates.
South Korea’s Kospi (^KS11) held steady, while the tech-heavy Kosdaq (^KQ11) slipped 0.4%.
Japan’s Nikkei 225 (^N225) inched up 0.3%.
Hong Kong’s Hang Seng Index (^HSI) outperformed much of the region, gaining 0.7%, while China’s CSI 300 (000300.SS) index pushed up 0.5%.
Traders across the region are also parsing commentary from the Federal Reserve, as markets look for clues on the trajectory of U.S. interest rates amid persistent inflation concerns.
