Asian markets settled mostly higher on Tuesday tracking Wall Street gains overnight ahead of key US inflation data due this week for additional cues on the size of potential rate cuts by the Federal Reserve at its meeting next week. Investor were also focusing on the first US Presidential debate between Kamala Harris and Donald Trump later today. Hong Kong and Chinese shares gained after the latest customs data showed China’s exports unexpectedly accelerated in August. Although, the US House of Representatives passed legislation to cut off US government funding for Chinese biotech firms deemed national security risks. Japanese shares extended losses ahead to upcoming BoJ policy meetings later this month.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 2,744.19 | 7.70 | 0.28 |
| Hang Seng | 17,234.09 | 37.13 | 0.22 |
| Jakarta Composite | 7,761.39 | 58.65 | 0.76 |
| KLSE Composite | 1,660.35 | 8.86 | 0.54 |
| Nikkei 225 | 36,159.16 | -56.59 | -0.16 |
| Straits Times | 3,512.67 | 16.14 | 0.46 |
| KOSPI Composite | 2,523.43 | -12.50 | -0.50 |
| Taiwan Weighted | 21,064.08 | -80.36 | -0.38 |
