Asia stock markets: Australia markets, India inflation

The Opera House in Sydney, Australia was illuminated with projections on the opening night of Vivid Sydney 2023. Markets in the Asia-Pacific region are expected to open higher, following Wall Street’s tech rally. Investors will be reacting to India’s August inflation figures, which showed a rise in the consumer price index from a five-year low. Australia’s S&P/ASX 200 is set to surpass its all-time closing high. Japan’s Nikkei 225 and Hong Kong’s Hang Seng index futures are also looking positive. In the U.S., the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all saw gains. The producer price index rose in line with expectations, ahead of the Federal Reserve meeting next week.