Asia-Pacific markets were poised to trade higher on Wednesday, following gains on Wall Street overnight.
India’s markets will also be in focus as the U.S. tariffs take effect. The country currently faces additional tariffs of up to 50% on exports to the U.S., after the Trump administration escalated tariff threats in response to its substantial imports of Russian energy.
Japan’s Nikkei 225 was poised to open higher, with the futures contract in Chicago at 42,535 while its counterpart in Osaka last traded at 42,520, against the index’s last close of 42,394.4.
Australia’s S&P/ASX 200 was set to start the day higher, with futures tied to the benchmark at 8,942, compared with the index’s last close of 8,935.6.
Futures for Hong Kong’s Hang Seng index stood at 25,626, pointing to a higher open compared to the HSI’s last close of 25,524.92.
