{"id":430440,"date":"2026-05-13T16:00:05","date_gmt":"2026-05-13T09:00:05","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/wednesday-13th-may-2026-asia-markets-mixed-as-inflation-worries-middle-east-tensions-weigh-on-sentiment\/"},"modified":"2026-05-13T16:00:05","modified_gmt":"2026-05-13T09:00:05","slug":"wednesday-13th-may-2026-asia-markets-mixed-as-inflation-worries-middle-east-tensions-weigh-on-sentiment","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com\/blog\/wednesday-13th-may-2026-asia-markets-mixed-as-inflation-worries-middle-east-tensions-weigh-on-sentiment\/","title":{"rendered":"Wednesday 13th May 2026: Asia Markets Mixed as Inflation Worries, Middle East Tensions Weigh on Sentiment"},"content":{"rendered":"<div>\n<h3>Global Markets:<\/h3>\n<ul>\n<li>\u00a0Asian Stock Markets : Nikkei up 0.77%, Shanghai Composite up 0.09% Hang Seng up 0.27% ASX down 0.48%<\/li>\n<li>Commodities : Gold at $4,709.95 (0.47%) Silver at $87.405 (2.10%), Brent Oil at $106.46 (-1.22%), WTI Oil at $100.89 (-1.27%)<\/li>\n<li>Rates : US 10-year yield at 4.459, UK 10-year yield at 5.1040, Germany 10-year yield at 3.0966<\/li>\n<\/ul>\n<h3>News &amp; Data:<\/h3>\n<ul>\n<li>(USD) Core CPI m\/m\u00a0 0.4%\u00a0 to 0.3% \u00a0 expected<\/li>\n<\/ul>\n<h3>Markets Update:<\/h3>\n<p>Asia-Pacific markets traded mixed on Wednesday as investors assessed a hotter-than-expected April inflation reading alongside concerns over rising oil prices and ongoing tensions in the Middle East.<\/p>\n<p>Investor sentiment remained cautious after U.S. President Donald Trump described the month-old ceasefire between the U.S. and Iran as \u201cunbelievably weak\u201d and \u201con massive life support.\u201d His remarks followed the rejection of what he called an \u201cunacceptable\u201d counterproposal from Tehran aimed at ending the conflict.<\/p>\n<p>Adding to market uncertainty, Defense Secretary Pete Hegseth said Trump would not require congressional approval to resume military strikes on Iran. The statement came after the administration crossed the 60-day threshold under federal war powers law for obtaining authorization for military action.<\/p>\n<p>Markets are also closely watching preparations for an upcoming meeting between Trump and Chinese President Xi Jinping, where trade discussions are expected to dominate.<\/p>\n<p>Oil prices extended losses, with U.S. West Texas Intermediate crude falling 1.18% to $100.97 per barrel, while Brent crude slipped 1.16% to $106.52.<\/p>\n<p>In Asia, South Korea\u2019s Kospi gained 1.75%, while Japan\u2019s Nikkei 225 rose 0.66%. Hong Kong\u2019s Hang Seng edged 0.24% higher, while China\u2019s CSI 300 was flat. India\u2019s Nifty 50 added 0.25%.<\/p>\n<h3>Upcoming Events:<br \/><\/h3>\n<ul>\n<li>12:30 PM GMT \u2013 USD Core PPI m\/m<\/li>\n<\/ul>\n<p>The post <a href=\"https:\/\/www.icmarkets.com\/blog\/wednesday-13th-may-2026-asia-markets-mixed-as-inflation-worries-middle-east-tensions-weigh-on-sentiment\/\">Wednesday 13th May 2026: Asia Markets Mixed as Inflation Worries, Middle East Tensions Weigh on Sentiment<\/a> first appeared on <a href=\"https:\/\/www.icmarkets.com\/blog\">IC Your Trading Edge | Official Blog<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: \u00a0Asian Stock Markets : Nikkei up 0.77%, Shanghai Composite up 0.09% Hang Seng up 0.27% ASX down 0.48% Commodities : Gold at $4,709.95 (0.47%) Silver at $87.405 (2.10%), Brent Oil at $106.46 (-1.22%), WTI Oil at $100.89 (-1.27%) Rates : US 10-year yield at 4.459, UK 10-year yield at 5.1040, Germany 10-year yield [&hellip;]<\/p>\n","protected":false},"author":202,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-430440","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/202"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=430440"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430440\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=430440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=430440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=430440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}