From Nasdaq, Inc.:

Asian stock markets are trading mixed Thursday on CME Group data showing Chinese consumer price inflation grew less than expected. On Wall Street, CME Group’s FedWatch Tool suggests a 18.5 percent chance of a March rate cut. The Australian market is notably higher on Thursday following the release of the composite S&P/ASX 200 of 7,656.40 and Asian stocks closed higher on Wednesday.

Among major miners, Rio Tinto and Fortescue Metals are edging up 0.1 to 0.4 percent each, while Mineral Resources is gaining almost 1 percent. On the other hand, oil stocks are mostly lower. Woodside Energy is losing almost 1 percent, and Origin Energy is edging down 0.1 percent Ok.

In Japan, the Nikkei 225 is moving 600 points to be above the 36,700 mark, with gains in index heavyweights and technology stocks. The Nikkei 225 Index closed at 36,738.42

Crude oil prices settled higher on Wednesday after official data showed a notable drop in gasoline stockpiles last week in the U.S. West Texas Intermediate Crude oil futures for March ended higher by $0.55 at $73.86 a barrel, gaining for a third straight session.



Read more: Asian Markets Trade Mixed | Nasdaq