Asia-Pacific markets opened higher on Wednesday, reflecting cautious optimism following a mixed performance on Wall Street.
Investors are closely monitoring the evolving geopolitical landscape, particularly the tensions between Ukraine and Russia.
Japan"s trade data for October is in focus, with economists anticipating a year-over-year increase in exports by 2.2% and a decline in imports by 0.3%.
Japan"s Nikkei 225 index opened slightly higher, while Hong Kong"s Hang Seng index futures were trading slightly lower. South Korea"s Kospi index gained 0.3%, and the Kosdaq Index rose by 0.2%. Australia"s S&P/ASX 200 opened lower.
In the US, the Nasdaq composite index rose by 1.04%, the S&P 500 gained 0.4%, and the Dow Jones Industrial Average declined. Russian President Vladimir Putin"s comments on the use of nuclear weapons raised concerns. China"s People"s Bank of China is expected to maintain its benchmark lending rates unchanged.
Burberry has announced a strategic refocus on heritage designs and statement pieces to revitalize its brand image and financial performance.