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Asia-Pacific markets solid tracking Wall street performance; RBNZ rate hike

by Euro Times
August 17, 2022
in Business
Reading Time: 1 min read
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Japan +1.10%. Japan information – June Equipment orders +0.9% m/m (anticipated +1.3%).

Japan information: July exports +19.0% m/m (anticipated 18.2%) & Imports +47.2% y/y (anticipated 45.7%).

China +0.28%.

Hong Kong +0.95%.

Australia +0.20% Australian Q2 wages information +0.7% q/q (anticipated 0.8%), prior 0.7%. Australian greenback hit decrease after Q2 wages information miss.

India +0.50%.

In a single day within the U.S., main inventory indices are closing with combined outcomes. The Dow industrial common rose 239.55 factors or 0.71% to 34152.00, whereas S&P index rose 8.04 factors or 0.19% to 4305.19. The NASDAQ index fell -25.49 level or -0.19% to 13102.56.

Singapore information – July NODX +1.4% m/m (anticipated -3.8%) & +7% y/y (anticipated +6%). Singapore’s key exports grew at a slower tempo in July on account of softer shipments of non-electronic items.

New Zealand information – Q2 PPI inputs +3.1% q/q & outputs +2.4% q/q.

NZ central financial institution indicators aggressive tightening tempo after 50-bps hike for 4th time in most aggressive tightening.

U.S. futures larger. Dow Jones +0.09%; S&P 500 +0.11%; Nasdaq +0.04%.



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Tags: AsiaPacifichikeMarketsperformancerateRBNZsolidStreettrackingWall
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