Asia markets live updates: Australia data, Japanese yen

0


CNBC asked Intrepid Travel and ChatGPT to put together a two-day itinerary to Melbourne City, Australia

Charlie Rogers | Moment | Getty Images

Australia stocks hit a record high Thursday, while most other Asia-Pacific markets looked set to fall even though Wall Street rallied and the S&P 500 closed at another record high.

In Australia, the S&P/ASX 200 rose 0.77% to hit an intraday record high of 7,883.90 just moments after opening. The index was higher for a second straight day.

All eyes are now on Australia’s retail sales data for the month of February, which a Reuters poll expects will rise 0.4%.

Investors will also be watching for moves in the Japanese yen after it fell to 151.97 — its weakest level in 34 years against the U.S. dollar on Wednesday.

Futures for Hong Kong’s Hang Seng index stood at 16,330, pointing to a lower open compared to the HSI’s close of 16,392.84.

Japan’s Nikkei 225 is also set to open slightly lower, with the futures contract in Chicago at 40,530 and its counterpart in Osaka at 40,380 against the index’s last close of 40,762.73.



Source link

Leave A Reply

Your email address will not be published.