{"id":76174,"date":"2025-05-23T15:19:07","date_gmt":"2025-05-23T05:19:07","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=76174"},"modified":"2025-08-05T19:20:07","modified_gmt":"2025-08-05T09:20:07","slug":"friday-23rd-may-2025-asia-pacific-stocks-rise-amid-economic-data","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com\/blog\/friday-23rd-may-2025-asia-pacific-stocks-rise-amid-economic-data\/","title":{"rendered":"Friday 23rd May 2025: Asia-Pacific Stocks Rise Amid Economic Data"},"content":{"rendered":"\n<h3><br \/><br \/>Global Markets:<\/h3>\n\n\n\n<ul>\n<li>&nbsp;Asian Stock Markets : Nikkei up 0.48%, Shanghai Composite up 0.01%, Hang Seng up 0.71% ASX up 0.20%<\/li>\n\n\n\n<li>Commodities : Gold at $3318.35 (0.39%), Silver at $33.38 (0.19%), Brent Oil at $64.8 (-0.29%), WTI Oil at $60.6 (-0.29%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.537, UK 10-year yield at 4.7500, Germany 10-year yield at 2.6375<\/li>\n<\/ul>\n\n\n\n<h3>News &amp; Data:<\/h3>\n\n\n\n<ul>\n<li>(USD) Unemployment Claims 227K&nbsp; to 230K expected<\/li>\n<\/ul>\n\n\n\n<h3>Markets Update:<\/h3>\n\n\n\n<p>Asia-Pacific markets mostly advanced on Friday as investors digested a range of regional economic data. Japan led the gains, with the Nikkei 225 rising 1.04% and the Topix climbing 0.89%. South Korea\u2019s Kospi edged up 0.36%, though the Kosdaq dipped 0.34%. In Australia, the S&amp;P\/ASX 200 gained 0.33%. Meanwhile, Hong Kong\u2019s Hang Seng index and China\u2019s CSI 300 were flat at the open.<\/p>\n\n\n\n<p>Markets also responded to news that the U.S. and China have agreed to maintain dialogue, following a call between Chinese Vice Foreign Minister Ma Zhaoxu and U.S. Deputy Secretary Christopher Landau, as confirmed by China\u2019s Foreign Ministry.<\/p>\n\n\n\n<p>On the economic front, Japan\u2019s core inflation rose to 3.5% in April, driven partly by higher rice prices. The data comes as the Bank of Japan weighs a possible pause in its rate hikes amid uncertainty around U.S. tariffs. Investors are also analyzing South Korea\u2019s April Producer Price Index and New Zealand\u2019s first-quarter retail sales.<\/p>\n\n\n\n<p>Singapore reported a 0.7% year-on-year rise in April core inflation, exceeding the 0.5% forecast by Reuters.<\/p>\n\n\n\n<p>In the U.S., stock futures were little changed. Dow futures inched up 14 points (0.03%), S&amp;P 500 futures rose 0.03%, and Nasdaq 100 futures were slightly lower. Overnight, Wall Street closed mixed amid concerns over rising interest rates and the growing U.S. deficit. The 30-year Treasury yield reached a new high since 2023. The Dow slipped slightly by 1.35 points, while the S&amp;P 500 fell 0.04%. The Nasdaq rose 0.28%.<\/p>\n\n\n\n<h3>Upcoming Events:&nbsp;<\/h3>\n\n\n\n<ul>\n<li>12:30 PM GMT &#8211; CAD Core Retail Sales m\/m<\/li>\n\n\n\n<li>12:30 PM GMT &#8211; CAD Retail Sales m\/m<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asia-Pacific markets mostly advanced [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":77277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[196,215,339],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/76174"}],"collection":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=76174"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/76174\/revisions"}],"predecessor-version":[{"id":76179,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/76174\/revisions\/76179"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media\/77277"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=76174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=76174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=76174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}