Asian equity markets closed higher on Wednesday, bucking the trend of recent sessions, as oil prices traded largely flat and sovereign bond yields edged lower across global markets.
The move came amid new estimates from JPMorgan Chase suggesting that oil flows from the Middle East are returning to pre-war levels, despite ongoing risks affecting maritime shipping in the region. WTI crude was up 0.36% in morning trade, at USD 89 per barrel, while Brent advanced by a similar margin to USD 96 — a decline of nearly USD 10 from levels recorded on Tuesday morning (29).
In China, the property sector retreated during Wednesday’s session after Beijing launched a housing credit support programme that analysts consulted by Bloomberg described as falling short of expectations.
Global equities extended their monthly losses, with the MSCI All Country World Index down 1%. The MSCI Asia Pacific, however, gained 0.9%, on track for its largest weekly advance in three weeks, with 10 of the index’s 11 sectors posting gains. Over the full month, the index fell 0.4%, marking its third decline in four months.
In China, the Shanghai Composite rose 0.38% to 3,845.11 points, while Hong Kong’s Hang Seng advanced 0.22% to 24,577.41 points. In Japan, the Topix gained 1.67% to 4,108.65 points. All three indices closed September with losses ranging between 1% and nearly 4%. In South Korea, the Kospi slipped 0.48% on the day but posted a monthly gain of 0.5%.
Futures contracts in Europe and the United States also pointed to a positive open.
Oil prices and tensions among the US, Israel, and Iran are expected to remain the principal sources of market uncertainty through October, with investors searching for clearer signals of progress in negotiations. On the equity side, attention will turn to corporate quarterly earnings, which may help investors assess whether current valuations are justified.
Investor focus on Wednesday was squarely on the US Personal Consumption Expenditures (PCE) data — the Federal Reserve’s preferred inflation gauge. The August reading was expected to show an acceleration in monthly inflation, according to Bloomberg Economics. Should the rate rise by more than analysts anticipate, the US central bank could adopt a more restrictive, hawkish policy stance.
“Between oil prices, sovereign bond yields, and the key US inflation and employment data, there is a great deal to monitor for the rest of the week,” wrote Tim Waterer, chief market analyst at KCM Trade, in a note seen by Bloomberg.
Source: Diário Económico
Original article: https://www.diarioeconomico.co.mz/2026/09/30/mercados/mercados-mercados/asia-recupera-na-ultima-sessao-do-mes-com-petroleo-inalterado-e-juros-da-divida-estaveis/
