Nikada
Japan -1.54%.
China +0.19%. Trouble in the Chinese property sector is getting worse after trading in shares of China Evergrande was suspended in Hong Kong today after its billionaire chairman had been placed under police watch.
In China, the Golden Week holiday will begin Oct. 1, marking the annual weeklong period that includes the Mid-Autumn Festival and National Day breaks, with an estimated 800 million travel trips potentially being made.
Hong Kong -1.35%. Sentiment also took a hit after the Hong Kong exchange suspended shares of embattled Chinese real estate firm Evergrande.
India -0.35%.
Australia -0.08%. Australian August retail sales +0.2% m/m (vs. expected +0.3%).
Thailand’s industrial production shrank 7.53% year-on-year in August 2023, above market expectations of 6.65% fall and compared with an upwardly revised 4.7% drop in the previous month.
The ANZ Business Outlook Index in New Zealand rose to 1.5 in September 2023 from -3.7 in August, turning positive for the first time since May 2021.
In the U.S. on Wednesday, all three major indexes ended mixed following a brutal sell-off in the previous session. The tech-heavy Nasdaq Composite closed 0.22% higher at 13,092.85 points. The S&P settled little changed at 4,274.57 points, while the blue-chip Dow retreated 0.20% to finish at 33,550.67 points.
Investors were also cautious ahead of speeches from US Fed chair Powell and a handful of other central bank officials later today.
Oil prices jumped to one-year highs amid tightening supplies, while the benchmark 10-year US yield hit its highest levels since 2007 on the back of a higher-for-longer interest rate scenario.
Brent crude futures climbed 16 cents to $96.71 a barrel by 0001 GMT. U.S. West Texas Intermediate crude futures rose 20 cents to $93.88.
Gold steadied on Thursday as markets brace for U.S. economic data.
Spot gold held its ground at $1,874.49 per ounce by 0435 GMT. U.S. gold futures were flat at $1,891.30.
Spot silver eased 0.2% to $22.48 per ounce, while platinum edged up 0.1% to $888.25. Palladium fell 0.2% to $1,219.83.
Currencies: (
Japanese Yen / US Dollar (JPY:USD)), (Chinese Yuan / US Dollar (CNY:USD)), (Australian Dollar / US Dollar (AUD:USD)), (Indian Rupee / US Dollar (INR:USD)), (Hong Kong Dollar / US Dollar (HKD:USD)), (New Zealand Dollar / US Dollar (NZD:USD)).
U.S. stock futures held steady on Thursday after the major averages ended mixed in the last session: Dow +0.07%; S&P 500 +0.14%; Nasdaq +0.15%.
ETFs: (NYSE:JEQ), (NYSEARCA:EWJ), (NYSEARCA:DXJ), (NYSEARCA:FXY), (NYSEARCA:FXI), (NYSEARCA:KWEB), (NYSEARCA:CQQQ), (NASDAQ:MCHI), (NYSEARCA:ASHR), (NYSEARCA:YINN), (NYSE:TDF), (NYSEARCA:CHIQ), (NYSEARCA:GXC), (NYSEARCA:EWH), (NYSEARCA:KBA), (NYSEARCA:YANG), (NASDAQ:CXSE), (NYSE:CAF), (NYSEARCA:CWEB), (NASDAQ:PGJ), (NYSEARCA:KURE), (NYSEARCA:CHIX), (NYSEARCA:CYB).