ASIA-PAC EQUITIES UPDATE: Asia-Pac stocks trade mixed following the record highs on Wall St and amid cautiousness ahead of key risk events

APAC Stocks: Positive/Negative

• Asia-Pac stocks trade mixed amid some cautiousness ahead of upcoming risk events and despite the fresh record levels on Wall St where the mega-caps did most of the lifting as Alphabet joined the USD 3tln market cap club.

ASX 200: +0.3%

• Marginally gained with the index led by strength in mining, resources and materials, but with gains capped by weakness in defensives.

Nikkei 225: +0.5%

• Swung between gains and losses following an initial unprecedented climb to above the 45,000 milestone on return from the extended weekend, while the calendar is quiet overnight although the lower US tariffs on Japan take effect from today.

Hang Seng & Shanghai Comp: Hang Seng -0.2% / Shanghai Comp -0.5%

• Chinese markets are subdued despite the recent talks in Madrid where the US and China reached a framework agreement on TikTok although the details of the agreement were scarce, while US President Trump and Chinese President Xi are scheduled to talk on Friday.

US Equity Futures: Rangebound

• Held on to their recent spoils after the fresh record levels seen on Wall St.

European Equity Futures Flat

• Indicate an uneventful cash market open with Euro Stoxx 50 futures unchanged after the cash market closed with gains of 0.9% on Monday.

16 Sep 2025 - 04:17- ForexAsian Research- Source: Newsquawk