Bloomberg (26/7) -- Asian
stock futures (NKA) fell, while currencies from the yen to the
Australian dollar held gains against the greenback as investors assessed
U.S. economic data and corporate earnings to gauge the timing of cuts
to Federal Reserve stimulus. Gold maintained its advance.
Futures
due in September on Japan’s Nikkei 225 Stock Average fell 1 percent by 3
a.m. in Osaka, while contracts on Australia’s S&P/ASX 200 Index
dropped less than 0.1 percent. Hong Kong stock futures retreated in
their most recent trading session. Standard & Poor’s 500 Index
futures rose 0.1 percent after the gauge closed 0.3 percent higher in
New York. Yields on 10-year Treasuries fell. The dollar weakened against
most of the 16 major currencies tracked by Bloomberg yesterday.
U.S.
durable goods orders increased more than economists predicted in June,
while jobless claims rose in the latest week, data before next week’s
Federal Reserve Open Market Committee showed. China ordered companies in
19 industries to cut excess production capacity yesterday as it seeks
to recalibrate the economy. In Japan, consumer prices probably rose from
a year earlier in June for the first time since May, 2012, according to
a Bloomberg survey before data today.
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Written by: Kontak Perkasa Futures
PT.Kontak Perkasa Futures, Updated at: 11:51 AM
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