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Asian shares meander as US inflation test awaits; kiwi slides

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Indexes

  • Dow         38,972.41 / -96.82 / -0.25%
  • Nasdaq    16,035.30 / +59.05 / +0.37%
  • S&P 500   5,078.18 / +8.65  / +0.17%

Key Highlights

  • Strong economic data caused expectations of Fed rate cut to decline.
  • MSCI’s broadest of APAC ex-Japan -0.11% at 527.14 near 7-mth peak of 531.56.
  • Nikkei -0.2% after record peaks this wk.
  • China CSI300 + 0.46%, Hang Seng index -0.31%
  • DXY +0.01%.
  • JPY last at 150.43.
  • NZD last at $0.61235, -0.75%.
  • Expectations of OPEC+ production cuts offset by US delayed rate cuts.
  • US crude -0.41% to $78.55.
  • Brent at $83.31, -0.41%
  • XAU +0.1% to $2,030.83.

 

 

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