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Japan +0.15%.
Porcelain +0.03%
Hong Kong +1.39%. Hong Kong’s trade deficit has nearly doubled to HK$45.37bn ($5.78bn) in February, compared with January’s figure of HK$25.37bn.
Australia +1.04%. Australian February Retail Sales +0.2% m/m (+0.1% expected).
India +0.08%.
Night in the United States, Stocks on Wall Street closed higher – The Dow Jones Industrial Average gained nearly 200 points, or 0.6% more, and the S&P 500 rose 0.2%. However, the Nasdaq Composite ended down 0.5% at 11,768.84. The Dow Jones rose 194.55 points to close at 32,432.08 and the S&P 500 rose 6.54 points to close at 3,977.53. Meanwhile, the Nasdaq ended trading at 11,768.84, a drop of 55.12 points.
First Citizens (FCNCA) jumped 54% after reaching an agreement to acquire loans and deposits from the failed Silicon Valley Bank (SIVB). Meanwhile, the US is reportedly considering the expansion of an emergency credit line for banks, which lifted First Republic Bank (FRC) 12% higher.
South Korea’s defense actions rose sharply on Tuesday as North Korean leader Kim Jong Un called for an increase in the production of weapons-grade nuclear material, state media KCNA reported.
Crude oil prices fell on Tuesday after rallying the previous session, with markets focused on developments in the banking crisis and signs of strengthening demand in China.
Prices eased after rising at the fastest pace in more than four months on Monday. US West Texas Intermediate crude fell 4 cents, or 0.05%, to $72.77. Brent crude futures were down 30 cents at $77.82 a barrel by 0312 GMT.
Gold prices rose on Tuesday as the dollar fell, although an improvement in risk appetite following efforts by regulators to allay fears about the global banking system limited the safe haven metal’s appeal.
golden point It was up 0.2% at $1,958.85 an ounce by 0308 GMT. US gold futures rose 0.4% to $1,960.80.
silver point fell 0.1% to $23.06 an ounce, while platinum rose 0.5% to $976.87 and palladium added 0.7% to $1,418.44.
US futures rise. dow jones +0.29%; S&P 500 +0.23%; nasdaq +0.17%.
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