Asia-Pacific markets lower tracking losses on Wall Street ahead of Powell speech

Japan -2.04%. Investors digested data, showing core consumer price index for the Ku-area of Tokyo in Japan rose 2.8% year-on-year in August 2023, slowing from a 3% gain in July and coming in below forecasts of 2.9%. Japan data – July PPI Services (Corporate Services Price Index) +1.7% y/y (expected 1.3%). China -0.28%. Hong Kong -0.79%. India -0.37%. Australia -0.87%. Singapore's manufacturing production shrank 0.9% year-on-year in July 2023, after an upwardly revised 6.6% fall in the previous month. Malaysia’s leading economic index dropped 0.5% mom in June 2023, shifting from a downwardly revised 1.7% rise in the previous month….