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Asia-Pacific markets combined as traders digest Japan’s inflation information

by Index Investing News
July 22, 2022
in Markets
Reading Time: 2 mins read
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Japan +0.54%. Japan Jibun Markit preliminary manufacturing PMI July 52.2 (prior 52.7).

Japan headline CPI 2.4% y/y (anticipated 2.4%).

China -0.39%.

Hong Kong +0.04%.

Australia +0.09%. Australia July flash Manufacturing PMI 55.7 (prior 56.2) & Providers 50.4 (prior 52.6).

India +0.19%.

In a single day on Wall Avenue Main U.S. shares indexes, the tech-heavy Nasdaq Composite rose 1.36% to shut at 12,059.61 as Tesla shares surged. The S&P 500 gained almost 1% to finish the session at 3,998.95, and the Dow Jones Industrial Common superior 162.06 factors, or 0.51%, to 32,036.90.

South Korean PPI +0.5% m/m in June (from +0.7% in Could).

Oil costs have been roughly unchanged in early buying and selling on Friday after sliding round 3% within the earlier session on weakened demand in america, the world’s prime oil shopper, and a pick-up in provide from Libya.

Brent crude futures rose 17 cents, or 0.2%, to $104.03 a barrel at 0041 GMT, whereas U.S. West Texas Intermediate (WTI) crude futures have been flat at $96.35 a barrel.

Gold costs have been flat on Friday, pressured by an uptick within the U.S. greenback and fears over aggressive charge hikes, though heightened slowdown worries stored safe-haven bullion on observe for its first weekly achieve in six.

Spot gold held its floor at $1,717 per ounce, as of 0114 GMT, after rising greater than 1% within the earlier session. Bullion gained 0.6% up to now this week.

U.S. gold futures have been up 0.1% at $1,715.50 per ounce.

Spot silver was down 0.4% at $18.78 per ounce, platinum gained 0.3% to $874.50, and palladium edged 0.1% decrease to $1,891.20.

U.S. futures decrease. Dow Jones -0.23%; S&P 500 -0.49%; Nasdaq -0.90%.



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Tags: AsiaPacificDataDigestinflationInvestorsJapansMarketsmixed
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