Asia markets mixed as investors look to Australia’s central bank minutes

Perth, Australia

Brendon Thorne | Bloomberg | Getty Images

Asia-Pacific markets were mixed on Tuesday as investors await the release of minutes of the Reserve Bank of Australia’s July policy meeting.

In Australia, the S&P/ASX 200 opened down 0.25%, while Japan’s Nikkei 225 climbed 0.81% and the Topix rose 0.76% as Japan braces for key economic data later this week, including its trade balance and consumer price index.

South Korea’s Kospi slipped marginally, but the Kosdaq was up 0.76% as the country holds its first Nuclear Consultative Group meeting with the U.S. today.

The meeting will “discuss information sharing, consultation mechanism and joint planning and execution designed to bolster nuclear deterrence against North Korea.” Yonhap reported, citing South Korea’s presidential office.

Hong Kong’s Hang Seng index also resumes trading today after trading sessions were suspended on Monday due to a warning for Typhoon Talim. Hang Seng futures are at 19,450, compared to the HSI’s last close of 19,413.78.

Overnight in the U.S., all three major indexes climbed as investors braced for the second quarter earnings season.

The Dow Jones Industrial Average added 0.22% to reach its highest closing level in 2023, while the S&P 500 climbed 0.39%, while the Nasdaq Composite saw the largest gain 0.93%.

— CNBC’s Brian Evans and Samantha Subin contributed to this report

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