Asian shares steadied on Wednesday as investors awaited Federal Reserve policy guidance and the outcome of high level trade talks between the United States and China, while drawing relief from Apple Inc’s earnings.
Asian shares steadied on Wednesday; Investors await Fed, U.S.-China talks
Stocks
- Japan’s Nikkei was an outlier, dropping 0.5 percent.
- U.S. S&P 500 e-mini futures tacked on 0.2 percent, after apple shares (NASDAQ:AAPL) rose 5.7 percent a
- MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed.
Currencies
- The dollar was steady against the yen at 109.37 yen.
- The euro changed hands at $1.1438.
- The pound, which fell 0.67 percent on Tuesday, was last up 0.2 percent at $1.3095.
- The Australian dollar gained 0.5 percent to $0.7192.
Commodities
- The most traded iron ore on the Dalian Commodity Exchange rose to 589 yuan ($87.51) a tonne.
- U.S. crude futures rose more than 2 percent on Tuesday and last stood at $53.46 per barrel, up 0.3 percent.
- Gold rose 0.15 percent to 8-1/2-month highs of $1,314.3 per ounce.
Source: Investing.com
