Asia-Pacific Markets Mixed Amid Middle East Tensions, Powell's Comments

Asia-Pacific markets opened mixed as investors monitored escalating tensions in the Middle East and reflected on Fed chair Powell's recent comments. The ASX 200 fell by 0.4%, while the Nikkei 225 rose by 1.0%. However, Tokyo stocks later fell sharply, influenced by Wall Street declines and concerns over the Middle East, including Israel's ground offensive in Lebanon. The Nikkei dropped 2% in the afternoon. Seoul shares also opened lower amid the rising tensions.