Asia markets set to open higher, tracking Wall Street gains amid Fed cut hopes

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A pistillate walks past an physics committee showing the Nikkei 225 scale connected the Tokyo Stock Exchange on a thoroughfare successful cardinal Tokyo connected July 22, 2025.

Kazuhiro Nogi | Afp | Getty Images

Asia-Pacific markets are expected to unfastened mostly higher, tracking gains connected Wall Street aft the latest U.S. ostentation data lifted the anticipation that the Federal Reserve could chopped involvement rates adjacent month.

Here are the opening calls for the day

Happy mid-week from Singapore. Asia markets are acceptable for a mostly higher open.

Japan's Nikkei 225 was acceptable to unfastened higher, with the futures declaration successful Chicago astatine 43,325, portion its counterpart successful Osaka past traded astatine 43,280, against the index's past adjacent of 42,718.17.

Futures for Hong Kong's Hang Seng index  stood astatine 25,144, pointing to a higher unfastened compared with the HSI's past adjacent of 24,969.68.

However, Australia's S&P/ASX 200 was acceptable to commencement the time little with futures tied to the benchmark astatine 8,852, compared with the index's past adjacent of 8,880.8.

— Lee Ying Shan

S&P 500 hits caller intraday high

Traders enactment connected the level of the New York Stock Exchange connected August 11, 2025.

NYSE

The S&P 500 roseate 0.8% connected Tuesday to deed a caller intraday high.

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S&P 5D chart

During the session, the S&P 500 surpassed its anterior precocious from July 31. A closing precocious would beryllium the S&P's 16th of the year.

Earlier successful the morning, the Nasdaq Composite besides deed a caller intraday high. A grounds adjacent would beryllium the benchmark's 19th of the year.

— Nick Wells, Lisa Kailai Han

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