Homepage / Asia / Asian shares look set to open little changed after copper soars
Safe Uploading and Downloading Business Files How to Select the Best Board Management Software How to Organize the Work of a Company “gerçek Parayla En Iyi Slot Makineleri Ve Spor Bahisler Which is the Best Podcast For Stock Market Beginners? Virtual Data Room Facts How to Protect Confidential Documents for Boards Advantages of Online Meetings Business Issues to Consider When Choosing a Data Room Provider What Is a Data Room? Virtual Board Room Software Due Diligence Risk Factors How to Choose a Reliable Tool for Data Exchange test Users535352253 Board Software and VDR Programs Business Operations Management Software Keep Data Safe and Protect Your Business Data How to Conduct a Board Self-Assessment Uncomplicated Ways to Simplify Daily Business Transactions Due Diligence Blog Digital Data Rooms for the Netherlands The New Era of Business Software and Reporting What Types of Businesses Use VDR Software? Ma Analysis Mistakes The Corporate Governance Role Board Room Apps Secure Board Management With Secure Board Portals What Happens at Board of Directors Meetings? Board Room Software Review How to Prepare Board Rooms for Effective Board Meetings Board Room Software Boosts Performance and Communication Selecting a Secure Data Room Review Local Data Room Service Review How to Find the Best Virtual Data Room Review What to Look for in a Data Room uk Provider Document Storage and Distribution Software Everything About VDRs Corporate Software Advantages How to Choose a Virtual Data Room Provider The Most Secure Way to Transfer Files How to Manage Online Board Meetings Benefits Virtual Data Room Solutions – Must-Haves for M&A and Due Diligence Best Data Room Functions for the Different Types of Industries How to Choose a VDR Software Provider How to Choose an Online Board Portal The Benefits of a Boardroom Review Board Room Online Solutions – How to Get the Most Out of Your Board Meetings Why You Need a Board Room How a Board Room Blog Can Transform Your Business Choosing the Best Board Room Format How to Have Productive and Engaging Board Directors Meetings Choosing the Right Virtual Data Room How to Keep Safe Documents Storage Teaching Kids About Online Safety Avoid Costly Mistakes With Free Data Room Services Corporate Virtual Data Unlimited Data Room Software For Due Diligence Leading Business Software Features to Look For Secure Online Data Rooms Solutions How to Keep Share, Edit and Delete Your Data Safe Virtual Data Room Software Secrets for M&A Due Diligence What to Look For in Boardroom Providers Board of Directors Blog Posts How to Deliver Value at Your Board Meetings How to Have Effective Board Meetings Responsibilities of Board Members Deal Management – How to Effectively Manage a Complex Sales Pipeline Data Rooms For Mergers And Acquisitions How to Have a Successful Board Room Meeting Choosing a Board Room Service Provider What is a Board Room Service? Board Room Software Review – Choosing the Best Portal for Mother Board Meetings Why a Board Room Providers Review Is Important What Is a Board Room Review? Venture Software for VC Firms What Is an Assessment Report? The Importance of a Tech Audit Popular Business Applications What to Look For in a Data Room App What Are Business Applications? How to Choose a Virtual Data Room How to Plan a Data Room Review Coronavirus Guide What is a Virtual Data Room? What Is Data Science? What Is an Operating System? Turbotax Small Business Review How Online VDRs Are Used in M&A Deals Why Choose VDR Software? The Power of Business Software The Benefits of a Software Board Online Data Room Review The Importance of Tech Knowledge Improving Accuracy of Financial Data Online Business Records – How to Keep Your Online Business Records Accurate and Secure What is a Board Portal De? DealRoom Review – A Review of VDR Software M&A Due Diligence for Private Companies The Virtual Data Room Review

Asia

Asian shares look set to open little changed after copper soars

Asian markets looked set to open little changed on Thursday after an oil rally fizzled and copper prices soared overnight. On Wall Street, markets eked out marginal gains in the last session.

U.S. stocks closed slightly higher on Wednesday amid thin trade as gains in real estate and utilities offset losses among energy and telecommunications names. Apple, which had tumbled 2.5 percent on Tuesday following a Taiwanese media report about iPhone X sales forecasts, nudged higher by 0.02 percent.

The Dow Jones industrial average edged up 0.11 percent, or 28.09 points, to close at 24,774.30, the S&P 500 added 0.08 percent to end at 2,682.62, and the Nasdaq composite tacked on 0.04 percent to close at 6,939.34.

Over in Asia, Nikkei futures traded in Chicago were up 0.19 percent at 22,955 while Osaka futures were little changed. Japan’s benchmark Nikkei 225 index had closed at 22,911.21 on Wednesday.

In Sydney, the S&P/ASX 200 inched higher by 0.08 percent early in the morning.

Oil prices, which had run up to a two-and-a-half year high following an attack on a Libyan pipeline, pulled back slightly on Wednesday. U.S. West Texas Intermediate shed 0.6 percent to settle at $59.64 a barrel and Brent crude futures lost 0.9 percent to settle at $66.44.

Copper prices jumped to their highest levels in three-and-a-half years overnight. Three-month copper on the London Metals Exchange was up 1.32 percent at $7,219 per ton following strong import numbers out of China earlier this week.

The base metal is often referred to as “Dr. Copper,” because it frequently provides a good gauge of global economic growth.

The dollar was broadly lower overnight. The dollar index, which measures the U.S. currency against six peers, traded at 93.022 at 7:01 a.m. HK/SIN, compared to levels around the 93.1 handle seen at the end of Asian trade in the last session.

Against the Japanese yen, the greenback last traded at 113.24.

The move lower in the dollar came as U.S. Treasury yields slipped. Yields on the benchmark 10-year Treasury note last stood at 2.41 percent, compared to the 2.47 percent seen on Tuesday.

Commodity-linked currencies were firmer despite the move lower in oil prices in the previous session. The Australian dollar traded at $0.7769 after rising as high as $0.7778 overnight, its highest level in around two months.

Here’s the economic calendar for Thursday (all times in HK/SIN):

  • 7:50 a.m.: Japan industrial production and retail sales
  • 11:00 a.m.: Thailand unemployment
  • 4:30 p.m.: Hong Kong trade

— CNBC’s Evelyn Cheng contributed to this report.

Source: cnbc china
Asian shares look set to open little changed after copper soars

Comments are closed.