Asian markets settled mostly higher on Wednesday, with Chinese market settling higher as private report said that it raised China GDP forecast to 4.5% for this year, citing easing trade tensions. However, markets were remaining under pressure from rising Treasury yields due to US debt load and tax-cut bill concerns following Moody’s downgrade of the country’s sovereign credit rating. Japanese markets underperformed as the yen continued to strengthen on BoJ interest rate hike bets and data showed Japan's export growth continued to decelerate for the second consecutive month, while tariff-related uncertainty also weighed on sentiments.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,387.57 | 7.09 | 0.21 |
| Hang Seng | 23,827.78 | 146.30 | 0.61 |
| Jakarta Composite | 7,142.46 | 47.86 | 0.67 |
| KLSE Composite | 1,544.80 | -4.07 | -0.26 |
| Nikkei 225 | 37,298.98 | -230.51 | -0.62 |
| Straits Times | 3,882.55 | 0.05 | 0.00 |
| KOSPI Composite | 2,625.58 | 23.78 | 0.91 |
| Taiwan Weighted | 21,803.91 | 277.88 | 1.27 |
