Japan +0.35%.
Chinese market closed.
Hong Kong market closed.
Australia -0.30%. Australian data: December Westpac Leading Index -0.13% (previous -0.16%).
Australia Q4 Headline CPI 1.9% q/q (1.6% expected). Inflation in Australia rose to a new 32-year high of 7.8% in the last quarter of fiscal year of 2022, marking the fastest pace since March 1990.
India -1.27%.
Overnight on Wall Street, major stock indexes struggled to find direction with the Dow Jones Industrial Average closing out on a third day of gains while the S&P 500 and Nasdaq Composite fell. The Dow Jones gained 104.40 points, or 0.31%, to close at 33,733.96. This marked the third day of gains for the stock index 30. The S&P 500 fell 0.07% to settle at 4,016.95, while the Nasdaq Composite fell 0.27% to close at 11,334.27.
RBNZ own CPI gauge 5.8% y/y (previously 5.6%): This is their sector factors model. NZ Q4 CPI higher than expected.
New Zealand Q4 inflation 1.4% qoq (1.3% expected) 7.2% yoy (7.1% expected).
Singapore’s core inflation rate rose 5.1% in December on an annualized basis, according to the Ministry of Trade and Industry.
Gold prices traded in a tight range on Wednesday as investors steered clear of placing big bets ahead of US economic growth data this week, while expectations for slower interest rate rises by the Federal Reserve kept the outlook for gold bright.
Spot gold was steady at $1,937.09 per ounce, as of 0249 GMT, after hitting its highest level since late April 2022 on Tuesday. usa gold futures they were up 0.2% at $1,940.00.
Among other precious metals, spot silver it fell 0.2% to $23.62 an ounce and platinum lost 0.2% to $1,054.40. Palladium increased 0.1% to $1,745.38.
US futures lower. dow jones -0.23%; S&P 500 -0.39%; nasdaq -0.67%.
