PT Solid Gold Berjangka | Asia Stocks Are Mixed as Traders Await US CPI Data
Asian equities were mixed before US inflation data for August that may give a better guide on the future path for Federal Reserve interest rates. Oil traded near a 10-month high amid strains in global supplies.
Stocks climbed in South Korea and Japan, but fell in Australia. Japanese equities were boosted by August producer prices data that came in only slightly below economists’ estimates. Hong Kong stock futures advanced, while those for the US were little changed.
A rout in technology companies dragged down the US stock market Tuesday, with the Nasdaq 100 sliding 1.1%. Apple Inc., which unveiled the iPhone 15 and other products, dropped almost 2%. The S&P 500 fell 0.6%.
Stocks
S&P 500 futures were little changed as of 9:11 a.m. Tokyo time. The S&P 500 fell 0.6%.
Nasdaq 100 futures were little changed. The Nasdaq 100 fell 1.1%.
Japan’s Topix index rose 0.2%.
Australia’s S&P/ASX 200 Index fell 0.3%.
Hong Kong’s Hang Seng futures rose 0.3%.
Currencies
The Bloomberg Dollar Spot Index fell 0.1%.
The euro was little changed at $1.0762.
The Japanese yen was little changed at 147.18 per dollar.
The offshore yuan was little changed at 7.3018 per dollar.
The Australian dollar was little changed at $0.6430.
Source: Bloomberg
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