{"id":71546,"date":"2025-08-29T15:45:53","date_gmt":"2025-08-29T05:45:53","guid":{"rendered":"https:\/\/www.icmarkets-vnj.com\/blog\/?p=71546"},"modified":"2025-08-29T15:45:54","modified_gmt":"2025-08-29T05:45:54","slug":"friday-29th-august-2025-asia-stocks-mixed-rate-cut-hopes-rise","status":"publish","type":"post","link":"https:\/\/www.icmarkets-vnk.com\/blog\/friday-29th-august-2025-asia-stocks-mixed-rate-cut-hopes-rise\/","title":{"rendered":"Friday 29th August 2025: Asia Stocks Mixed; Rate Cut Hopes Rise"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Global Markets:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;Asian Stock Markets : Nikkei down -0.31%, Shanghai Composite up 0.12%, Hang Seng up 0.66% ASX down -0.11%<\/li>\n\n\n\n<li>Commodities : Gold at $3,469.92 (-0.13%), Silver at $39.010 (-0.46%), Brent Oil at $67.62 (-0.53%), WTI Oil at $64.23 (-0.57%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.214, UK 10-year yield at 4.6990, Germany 10-year yield at 2.6977<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">News &amp; Data:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>(USD) Prelim GDP q\/q 3.3%&nbsp; to 3.1% expected<\/li>\n\n\n\n<li>(USD) Unemployment Claims 229K&nbsp; to 231K expected<br \/><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Markets Update:<\/h3>\n\n\n\n<p>Asian markets traded mixed on Friday, following Wall Street\u2019s overnight gains, as investors awaited key U.S. inflation data that could influence interest rate expectations. Optimism was lifted by Nvidia\u2019s stronger-than-expected quarterly results, while the CME FedWatch Tool indicated an 87.2% chance of a September rate cut.<\/p>\n\n\n\n<p>In Australia, stocks eased after recent gains. The S&amp;P\/ASX 200 slipped 16.90 points, or 0.19%, to 8,963.10, weighed by miners and banks. BHP and Mineral Resources declined, while Rio Tinto was flat. Energy stocks outperformed, with Beach Energy up over 1% and Woodside edging higher. Tech names were also stronger, with Zip rallying more than 4%. Among banks, Commonwealth and NAB fell nearly 1%, while ANZ gained 0.5%.<\/p>\n\n\n\n<p>Japanese shares dropped, with the Nikkei 225 down 0.43% to 42,642.97, pressured by weakness in exporters and technology. Sony slid nearly 2%, while Tokyo Electron lost over 2%. Economic data showed Tokyo inflation slowed to 2.6% in August, while unemployment eased to 2.3%. Industrial production fell 1.6% in July, missing expectations.<\/p>\n\n\n\n<p>Elsewhere, markets in China, Hong Kong, Singapore, and Taiwan advanced, while South Korea, Malaysia, and Indonesia slipped.<\/p>\n\n\n\n<p>On Wall Street, the S&amp;P 500 hit another record close, while the Nasdaq gained 0.5%. European markets were mixed, and crude oil prices rose to $64.57 a barrel.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Upcoming Events:&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>12:30 PM GMT &#8211; CAD GDP m\/m<\/li>\n\n\n\n<li>12:30 PM GMT &#8211; USD Core PCE Price Index m\/m<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asian markets traded mixed [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":71231,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-71546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"_links":{"self":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/71546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/comments?post=71546"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/71546\/revisions"}],"predecessor-version":[{"id":71551,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/71546\/revisions\/71551"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/media\/71231"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/media?parent=71546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/categories?post=71546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/tags?post=71546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}