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Asia-Pacific markets rise as Wall Street bounces on retail sales data – CNBC

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The Asia-Pacific market rose on Tuesday, tracking profits on Wall Street. This was ticked after US retail sales data began to ease recession concerns.

Investors will maintain a meticulous clock in the Japanese market as the Bank of Japan launches its two-day monetary policy meeting on Tuesday. The central bank is widely expected to stabilize interest rates at 0.5% when the meeting closes on Wednesday.

The BOJ's two-day meeting coincides with the US Federal Reserve, with the latter being I'm hoping for To prevent interest rates from being changed.

Japanese benchmark Nikkei 225 The wider Topix index rose 1.59% and 1.58%.

In Korea, the Kospi Index rose 0.57%, while the small Kosdaq remained flat.

Mainland China's CSI 300 reversed the course from losses in previous sessions, with Hong Kong's Hang Sen index rising 1.88%, but up 0.25%.

Australia S&P/ASX 200 It was trading 0.29% higher.

US stocks have rebounded from a four-week decline that was exacerbated by President Donald Trump's chaotic tariff development and declining consumer confidence.

The S&P 500 went up 0.64% to close at 5,675.12, while Nasdaq composites rose 0.31% to close at 17,808.66. The Dow Jones industrial average also finished at 41,841.63, with 353.44 points (0.85%).

The 30 Stock Index was strengthened by the profits of Walmart and international business machines. All three major averages recorded consecutive profits.

-CNBC's Sean Conlon and Sarah Minh contributed to this report.

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