NIKKEI

Asia Markets Rise Ahead of Central Bank Decisions in South Korea and Indonesia

Asia-Pacific markets rose ahead of central bank rate decisions from South Korea and Indonesia, although both central banks are expected to hold their benchmark policy rates unchanged at 3.5% and 5.75% respectively.

South Korea's producer price index climbed 0.2% year-on-year, the 13th straight month that growth in the PPI has slowed.

Investors will also be assessing chipmaker's Nvidia's earnings that were released early Thursday. The company beat estimates for the fiscal second quarter and issued optimistic guidance for the current period.

Japan's Nikkei 225 opened 0.44% up, while the Topix climbed 0.13% on Thursday.

In Australia, the S&P/ASX 200 started the day 0.42% higher, while South Korea's Kospi rose 1.04% and the Kosdaq was up 1.55%.

Futures for Hong Kong's Hang Seng index stood at 17,973, pointing to a stronger open compared with the HSI's close of 17,845.92.

Source : CNBC

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