futures point to a mixed open, at least at the time of writing.įollowing hawkish comments from Fed officials yesterday and earlier this week, the market is bracing for what Fed Chair Powell may say about the economy, inflation, and monetary policy later this morning. European markets are up across the board in midday trading and U.S. South Korea’s KOSPI added 0.89%, led by Industrial Services. Taiwan’s TAIEX gained 0.45%, India’s SENSEX rose 0.48%, Australia’s ASX All Ordinaries advanced 0.60%, and Japan’s Nikkei closed 0.77% higher. Asia-Pacific equity markets finished the day ahead except for China’s Shanghai Composite which fell 0.42%, and Hong Kong’s Hang Seng which closed 1.40% lower as losses from Retail Trade and Technology Services overcame gains from Communications and Utilities.
0 Comments
Leave a Reply. |