Asian shares started strong on Thursday

Asian equities started strong on Thursday as a sustained recovery in China’s services sector and the prospect of additional U.S. stimulus whetted risk appetite, while the dollar pared gains.

Asian Shares

  • MSCI’s broadest index of Asia-Pacific shares outside of Japan climbed 0.5%, clocking its third straight session of gains to hover near a recent 2-1/2-year high.
  • Australia’s S&P/ASX 200 rose 0.9%.
  • Japan’s Nikkei added 1.3%.
  • Hong Kong’s Hang Seng index was up 0.2%.
  • China’s blue-chip index was 0.35% higher.
  • E-mini futures for the S&P 500 were barely changed.

Currencies

  • The dollar gave back some of the gains from earlier this week with its index against a basket of major currencies down 0.1%.
  • The greenback was slightly higher on the safe haven Japanese yen at 106.25.
  • The euro was off 0.02% to $1.1851.

Commodities

  • In commodities, U.S. crude added 15 cents to $41.66.
  • Brent gained 5 cents to $44.48 a barrel.
  • Spot gold was slightly higher at $1,946.8 an ounce.

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