Asian markets flat after mixed China data

Asian markets traded flat on Thursday as investors reacted cautiously to mixed data from China, while the pound hovered near nine-month highs as the risk of a no-deal Brexit receded following a late-night vote.

Asian markets

  • MSCI’s broadest index of Asia-Pacific shares outside Japan held at 522.06 points.
  • Japan’s Nikkei rose 0.5 percent.
  • Australian and New Zealand shares each added 0.2 percent.
  • Shanghai’s SSE (LON:SSE) Composite index stumbled 1.2 percent
  • The blue-chip CSI 300 eased 0.4 percent.

Currency

  • The euro extended gains for a fifth day in a row to the highest since March 5. It was last at $1.1329.
  • The dollar index hovered near a seven-day trough hit after the inflation data against a basket of major currencies against the Japanese yen, the greenback gained slightly to 111.44.

Commodities

Oil prices extended overnight gains.

  • U.S. crude up 15 cents per barrel at $58.41.
  •  Brent adding 22 cents to $67.77.

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