Sydney Opera House, designed by Danish architect Mr Jorn Oberg Utzon, at first light as the sun rises over Sydney harbor and city center skyscrapers.<\/p>\n
Ucg | Universal Images Group | Getty Images<\/p>\n
Asia-Pacific markets traded mixed Monday, while the Reserve Bank of Australia will kickstart its two-day policy meeting where it is expected to hold its cash rate steady at 3.6%, according to a\u00a0Reuters poll<\/a>.<\/p>\n “The RBA are likely to find themselves in a tougher position than recent meetings. There is real tension building in the data flow,” the Commonwealth Bank of Australia wrote in a note, citing how the country’s August CPI indicates “material upside risks to Q3 inflation” as well as a a cyclical upswing in the activity data. However, CBA’s economists also pointed to signs of softer employment and moderating wages growth.<\/p>\n Australia’s\u00a0S&P\/ASX 200<\/a> rose 0.43%.<\/p>\n South Korea’s Kospi added 1.05% and the small-cap Kosdaq was 0.82% higher. <\/p>\n Japan’s Nikkei 225<\/a> lost 0.68%, and the Topix declined 1.27% after hitting a record high Friday.<\/p>\n Hong Kong’s Hang Seng index<\/a> futures were at 26,290, higher than the HSI’s last close of 26,128.2.<\/p>\n On Friday stateside, the three major averages climbed following the release of\u00a0crucial U.S. inflation data<\/a>.<\/p>\n The\u00a0Dow Jones Industrial Average<\/a>\u00a0advanced 299.97 points, or 0.65%, to close at 46,247.29. The\u00a0S&P 500<\/a>\u00a0added 0.59% to close at 6,643.70, while the\u00a0Nasdaq Composite<\/a>\u00a0rose 0.44% to settle at 22,484.07.<\/p>\n Friday’s rally snapped a three-day losing streak for the major indexes, but still ended the week down. The Nasdaq Composite and S&P 500 slid 0.7% and 0.3%, marking each index’s first losing week in four. The Dow shed 0.2%.<\/p>\n \u2014CNBC’s Pia Singh and Sean Conlon contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"Sydney Opera House, designed by Danish architect Mr Jorn Oberg Utzon, at first light as the sun rises…\n","protected":false},"author":2,"featured_media":167054,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[5754,428,4117,84,273,802,891,141,58961,467,22349,56,54,158,55],"class_list":["post-167053","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-asia-economy","tag-australia","tag-breaking-news-markets","tag-business","tag-business-news","tag-chicago","tag-china","tag-donald-trump","tag-j-d-vance","tag-markets","tag-osaka","tag-uk","tag-united-kingdom","tag-united-states","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/167053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=167053"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/167053\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/167054"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=167053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=167053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=167053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}