<div id="readability-page-1"><div><div><table><tbody><tr><td>Stock Markets</td><td></td><td>Net Change</td><td>Stock Markets</td><td></td><td>Net Change</td></tr><tr><td>S&amp;P/ASX 200**</td><td>8,808.50</td><td>49.10</td><td>NZX 50</td><td>13,656.05</td><td>-27.24</td></tr><tr><td>DJIA</td><td>49,144.88</td><td>-447.09</td><td>NIKKEI</td><td>53,549.16</td><td>1,609.27</td></tr><tr><td>Nasdaq</td><td>23,668.31</td><td>-65.59</td><td>FTSE</td><td>10,137.35</td><td>-3.35</td></tr><tr><td>S&amp;P 500</td><td>6,955.04</td><td>-22.23</td><td>Hang Seng</td><td>26,848.47</td><td>239.99</td></tr><tr><td>SPI 200 Fut</td><td>8,782.00</td><td>-0.023</td><td>STI</td><td>4,807.13</td><td>40.35</td></tr><tr><td>SSEC</td><td>4,138.76</td><td>-26.53</td><td>KOSPI</td><td>4,692.64</td><td>67.85</td></tr></tbody></table></div> ----------------------------------------------------------------------------------------<div><table><tbody><tr><td>Bonds</td><td></td><td></td><td>Bonds</td><td></td><td></td></tr><tr><td>JP 10 YR Bond</td><td>2.1800</td><td>0.0200</td><td>KR 10 YR Bond</td><td>3.415</td><td>0.018</td></tr><tr><td>AU 10 YR Bond</td><td>4.7080</td><td>0.0120</td><td>US 10 YR Bond</td><td>4.1713</td><td>-0.016</td></tr><tr><td>NZ 10 YR Bond</td><td>4.4650</td><td>0.0050</td><td>US 30 YR Bond</td><td>4.8273</td><td>-0.013</td></tr></tbody></table></div> ---------------------------------------------------------------------------------------- <div><table><tbody><tr><td>Currencies</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>SGD US$</td><td>1.2887</td><td>0.0032</td><td>KRW US$</td><td>1,476.070</td><td>9.2</td></tr><tr><td>AUD US$</td><td>0.6681</td><td>-0.0029</td><td>NZD US$</td><td>0.5740</td><td>-0.003</td></tr><tr><td>EUR US$</td><td>1.1649</td><td>-0.0018</td><td>Yen US$</td><td>159.1100</td><td>0.96</td></tr><tr><td>THB US$</td><td>31.4900</td><td>0.28</td><td>PHP US$</td><td>59.3380</td><td>0.121</td></tr><tr><td>IDR US$</td><td>16,860</td><td>35</td><td>INR US$</td><td>90.2540</td><td>0.14</td></tr><tr><td>MYR US$</td><td>4.0550</td><td>-0.005</td><td>TWD US$</td><td>31.6560</td><td>0.026</td></tr><tr><td>CNY US$</td><td>6.9795</td><td>0.0062</td><td>HKD US$</td><td>7.8004</td><td>0.0042</td></tr></tbody></table></div> ---------------------------------------------------------------------------------------- <div><table><tbody><tr><td>Commodities</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Spot Gold</td><td>4,591.49</td><td> -18.09</td><td>Silver (Lon)</td><td>86.74 </td><td> 0.52</td></tr><tr><td>U.S. Gold Fut</td><td>4,599.10</td><td>-15.60</td><td>Brent Crude</td><td>65.44</td><td>1.57</td></tr><tr><td>Iron Ore</td><td>CNY819.5</td><td>-3</td><td>TRJCRB Index</td><td>--</td><td>--</td></tr><tr><td>TOCOM Rubber</td><td>JPY 352.8</td><td>5.2</td><td>LME Copper</td><td>13,172</td><td>174</td></tr></tbody></table></div>----------------------------------------------------------------------------------------- ** indicates closing price All prices as of 2033 GMTEQUITIESGLOBAL - Wall Street indexes were mixed on Tuesday and the dollar pared its gains after U.S. inflation data strengthened prospects for rate cuts this year, while oil prices surged as unrest in Iran outweighed worries about a supply glut.For a full report, click on - - - -NEW YORK - U.S. stock indexes fell on Tuesday, pressured by financials after JPMorgan cautioned that a planned cap on credit‑card rates would weigh on consumers, while an expected increase in inflation kept bets alive for interest rate cuts this year.At 11:28 a.m. ET, the Dow Jones Industrial Average fell 338.22 points, or 0.68%, to 49,251.98, the S&amp;P 500 lost 19.98 points, or 0.29%, to 6,957.29 and the Nasdaq Composite lost 50.62 points, or 0.21%, to 23,683.28.For a full report, click on - - - -LONDON - European stocks slipped on Tuesday, led by declines in construction stocks, while investors also assessed a series of mixed corporate updates and a U.S. inflation report.The STOXX 600 closed 0.1% lower at 610.44 points, retreating from a record high it hit earlier in the session.For a full report, click on - - - -TOKYO - Japan's Nikkei index surged to a record on Tuesday, while the yen sank to an all-time low against the euro and Swiss franc, as investors bet on more fiscal stimulus amid reports that the government may call a snap election next month.The Nikkei jumped as much as 3.6% to a record intraday level of 53,814.79. The gauge finished 3.1% higher at an all-time closing mark of 53,549.16.For a full report, click on - - - -SHANGHAI - Hong Kong stocks hit a two-month high on Tuesday amid buoyant Asian markets, but China stocks took a breather after hitting a decadal high in the previous session.Hong Kong's benchmark Hang Seng Index closed up 0.9%, having touched the highest level since November 13, 2025.In China, both the blue-chip CSI300 Index and the Shanghai Composite Index fell 0.6%.For a full report, click on - - - -AUSTRALIA - Australian shares were expected to open slightly lower on Wednesday after a weak run by Wall Street stocks overnight, with lower iron ore and copper prices likely to drag mining stocks. The local share price index futures (YAPcm1) fell 0.02%, a 26.5-point discount to the underlying S&amp;P/ASX 200 index close. The benchmark rose 0.6% on Tuesday.For a full report, click on - - - -SEOUL - South Korean shares rose on Tuesday to their highest level on record, as Hyundai Motor rallied on optimism around its robot business and battery makers jumped after a supply chain meeting.The benchmark KOSPI ended 67.85 points, or 1.47%, higher at 4,692.64, its highest closing level on record.For a full report, click on - - - -FOREIGN EXCHANGENEW YORK - The dollar pared earlier gains on Tuesday after December consumer inflation largely matched economists’ expectations, while the yen hit its lowest against the U.S. currency since July 2024 on concerns about more fiscal spending in Japan.The dollar index , which tracks its performance against a basket of currencies including the yen and the euro, was last up 0.15% on the day at 99.02.For a full report, click on - - - -CHINA - China's yuan edged lower against the U.S. dollar on Tuesday but held near 32-month highs, as Beijing set a weaker-than-expected fixing to manage the pace of appreciation.By 0401 GMT, the yuan was 0.04% lower at 6.9759 to the dollar after hitting a high of 6.9752, which was near the 32-month high seen on Monday.For a full report, click on - - - -AUSTRALIA - The Australian and New Zealand dollars held onto gains on Tuesday, supported by flows out of the Japanese yen and broad weakness in the greenback on concerns over the U.S. central bank's independence.The Aussie was buoyant at $0.6712, having gained 0.4% overnight to trade back above the key 67-cent level.For a full report, click on - - - -SEOUL - The won weakened against the dollar on Tuesday.The won was quoted at 1,473.7 per dollar on the onshore settlement platform , 0.39% lower than its previous close at 1,468.0.For a full report, click on - - - -TREASURIESNEW YORK - U.S. Treasury yields declined on Tuesday, after a reading on inflation for December came in as expected and kept intact market expectations for the path of rate cuts from the Federal Reserve this year.The yield on the benchmark U.S. 10-year Treasury note (US10YT=TWEB) slipped 2.4 basis points to 4.175%.For a full report, click on - - - -LONDON - Euro zone bond yields edged up on Tuesday, after reversing Monday's drop, as central bank chiefs lined up in support of Federal Reserve Chair Jerome Powell after the Trump administration threatened him with a criminal prosecution.Germany's 10-year yield, the benchmark for the euro zone, was last 1 basis point at 2.81%, after a 2.5 bps decline a day earlier. (DE10YT=RR)For a full report, click on - - - -TOKYO - Japan's Nikkei index surged to a record on Tuesday, while the yen sank to an all-time low against the euro and Swiss franc, as investors bet on more fiscal stimulus amid reports that the government may call a snap election next month.The Nikkei jumped as much as 3.6% to a record intraday level of 53,814.79.For a full report, click on COMMODITIESGOLDGold hit a record high on Tuesday, as U.S. inflation data cemented bets on Federal Reserve rate cuts this year and persistent geopolitical and economic uncertainties drove safe-haven demand, while silver also hit a fresh peak.Spot gold steadied at $4,591.49 per ounce as of 01:31 p.m. ET (1831 GMT), following a record high of $4,634.33 earlier in the session. For a full report, click on - - - -IRON OREIron ore futures dipped on Tuesday, as shrinking margins among steelmakers in top consumer China, squeezed by persistently high prices, dampened buying appetite and triggered risk-off sentiment.The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 0.24% lower at 819.5 yuan ($117.47) a metric ton.For a full report, click on - - - -BASE METALS Copper prices slipped on Tuesday, pressured by a strong dollar, but losses were capped by supply concerns and continued interest from speculators.Benchmark three-month copper on the London Metal Exchange was down 0.2% at $13,179 a metric ton by 1715 GMT, recovering from an intraday low of $13,033 in Asian trading.For a full report, click on - - - -OILOil prices surged by about 3% on Tuesday as the prospect of disruptions to Iranian crude exports overshadowed possible increased supply from Venezuela.Brent futures jumped $1.88, or 2.9%, to $65.75 a barrel by 11:07 a.m. EST (1607 GMT), hovering around a three-month high. U.S. West Texas Intermediate crude CLc1 climbed $1.79, or about 3%, to $61.29.For a full report, click on - - - -PALM OILMalaysian palm oil futures reversed gains to close lower on Tuesday, pressured by the uncertainty over Indonesia's B50 biodiesel mandate, though stronger rival oils and positive cargo surveyor export data capped the decline.The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange shed 27 ringgit, or 0.66%, to 4,063 ringgit ($1,001.97) a metric ton at the close.For a full report, click on - - - -RUBBER Japanese rubber futures jumped more than 1% on Tuesday after a two-session slide, as a weaker yen and higher oil prices underpinned the market.The Osaka Exchange (OSE) rubber contract for June delivery , closed 5.2 yen, or 1.5%, higher at 352.8 yen ($2.22) per kg.For a full report, click on - - - -</div></div>

Global markets showed mixed results with U.S. stock indexes declining due to financial sector pressures and inflation concerns. The Dow Jones fell 0.68%, while the S&P 500 and Nasdaq also experienced losses. In contrast, Japan's Nikkei index surged to a record high, and Hong Kong stocks reached a two-month peak. The dollar weakened against other currencies, and U.S. Treasury yields declined. Australian shares are expected to open lower following Wall Street's performance, with mining stocks likely affected by falling iron ore and copper prices.

UPDATE 1-Asia Morning Call-Global Markets