Hong Kong typhoon; Japan household spending

Hong Kong typhoon; Japan household spending



Investors in Asia-Pacific markets mostly saw declines as they awaited a key U.S. jobs report and analyzed household spending data from Japan. Japan’s household spending in July didn’t meet expectations, potentially impacting the Bank of Japan’s interest rate decisions. The Nikkei 225 and Topix in Japan fell after the data release. In other markets, Australia’s S&P/ASX 200 rose, while South Korea’s Kospi and Kosdaq dropped. Hong Kong’s markets were closed due to a typhoon signal, and China’s CSI 300 traded slightly lower. In the U.S., major indexes saw losses as concerns about the economy persisted.





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