Asia Markets: struggle for gains despite strong US earnings

Asia Pacific shares gave up early gains on Thursday despite strong quarterly earnings in the U.S. and after the U.K. government won a parliamentary confidence vote. Worries over China likely weighed on market sentiment.

Stocks

  • MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) up a slight 0.2 percent
  • Japan’s Nikkei (N225) was almost flat.
  • S&P 500 (ESc1) drifted down 0.26 percent.
  • China’s blue chip index (CSI300) recouped early losses to gain 0.4 percent.

Currencies

  • The U.S. dollar was otherwise mixed, easing a touch on the yen to 108.98.
  • Euro traded at $1.1386 (EUR=).
  • The dollar index was up a fraction at 96.162 (DXY).

Commodities

  • Spot gold was little changed at $1,294.91 per ounce.
  • U.S. crude futures (CLc1) fell 30 cents to $52.01 per barrel.
  • Brent slipped 28 cents to $61.04.

Comments are closed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy