Asia-Pacific Markets React to Fed Decision and Geopolitical Developments

Investors across the Asia-Pacific region kept a close eye on the United States Federal Reserve's upcoming monetary policy decision while also weighing the implications of the ongoing regional conflict between India and Pakistan. Despite these uncertainties, most stock markets in the region managed to post gains.

Market Movements Across the Region

Japan's Nikkei 225 saw a slight decline of 0.12% as the US dollar strengthened against the yen, trading at ¥143.14700. Meanwhile, South Korea's Kospi and Australia's S&P/ASX 200 enjoyed modest increases of 0.32% and 0.16%, respectively.

In China, the Shanghai Composite and Shenzhen Composite advanced by 0.53% and 0.73%, showcasing the resilience of the mainland markets. Hong Kong's Hang Seng led the gains with a significant jump of 1.43%, or 323 points, highlighting the region's optimistic outlook despite global uncertainties.