Nikkei 225, Kospi, Hang Seng Index
Low angle view of tall buildings displaying various architectural styles in Tokyo, Japan
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Asia-Pacific markets rose on Wednesday as investors tracked rising tensions in the Middle East. A new wave of attacks on the United Arab Emirates’ energy infrastructure has raised fears of prolonged supply disruptions amid the Iran war.
The incidents followed a drone attack on the world’s largest ultra-sour gas facility, a fire in the UAE’s Fujairah Oil Industrial Zone and the damage to a tanker near the strategically vital Strait of Hormuz.
U.S. oil prices rose 0.06% to $96.27 as of 7:33 PM ET.
of Australia S&P/ASX 200 It was flat in early trading.
of japan Nikkei 225 The Chicago futures contract was poised to rise at 54,190 points and the Osaka contract at 54,230 points, compared with the index’s previous close of 53,700.39.
Hong Kong Hang Seng index futures were set at 25,891, above the index’s last close of 25,868.54.
US stock futures traded near the flat line as investors awaited the Fed’s interest rate policy decision. Futures tied to Dow Jones Industrial Average It lost 37 points or 0.07%. S&P 500 futures down 0.07% Nasdaq 100 futures decreased by 0.02 percent.
overnight in the USA, S&P 500 It rose as Wall Street continued the momentum seen in the previous session amid developments in the Iran war.
The broad market index closed at 6,716.09 points, up 0.25 percent. Nasdaq Composite It closed at 22,479.53 with an increase of 0.47%. Dow Jones Industrial Average It rose 46.85 points, or 0.1%, to 46,993.26.
— CNBC’s Sean Conlon and Pia Singh contributed to the report.
