Asian stocks were mixed, and U.S. and European futures drifted Thursday after the Federal Reserve signaled U.S. interest rates will remain unchanged throughout 2020 amid a solid economy. Treasuries held gains and the dollar remained lower.
- The MSCI Asia Pacific Index rose 0.6% as of 7:08 a.m. in London.
- Topix index slipped 0.1%.
- Australia’s S&P/ASX 200 Index fell 0.7%.
- Kospi index rose 1.5%.
- Hang Seng Index gained 1.3%.
- Shanghai Composite Index fell 0.3%.
- S&P 500 futures rose 0.1%. The S&P 500 Index gained 0.3%.
- Euro Stoxx 50 contracts were little changed.
- The yen traded at 108.59 per dollar, little changed.
- The offshore yuan was little changed at 7.0288 per dollar.
- The Bloomberg Dollar Spot Index was little changed.
- The euro rose 0.1% to $1.1141.
- The British pound traded at $1.3215, up 0.1%.
- The yield on 10-year Treasuries held at 1.80% after falling five basis points.
- Australia’s 10-year bond yields fell two basis points to 1.13%.
- West Texas Intermediate crude rose 0.2% to $58.87 a barrel.
- Gold traded little changed at $1,474.19 an ounce after jumping 0.7%.