Global Markets Today: Asian markets mostly declined on Wednesday, following Wall Street’s losses as investors weighed rising global bond yields and recent trade developments.
Australia’s S&P/ASX 200 slipped 0.52 per cent ahead of the release of its second-quarter GDP data.
Japan’s Nikkei 225 fell 0.43 per cent, and the broader Topix index dropped 0.35 per cent.
In South Korea, the Kospi edged up 0.16 per cent, while the small-cap Kosdaq remained unchanged.
Futures for Hong Kong’s Hang Seng index were at 25,445, indicating a softer opening compared to its previous close of 25,496.55.
Chinese markets are expected to remain in focus as President Xi Jinping prepares to address a military parade marking the 80th anniversary of the end of World War II later today. The event will be attended by 26 global leaders, including Russian President Vladimir Putin and North Korea’s leader Kim Jong Un.
(This is a developing story)
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