Homepage / Asia / Asian shares to digest Fed minutes as political turmoil weighs on the dollar
Как Стать Стримером Казино%3F Что для Этого Нужно%3 Best Game Software How to Design Engaging and Effective Educational Events Winline Делает Разницу! Букмекерская Контора Winline Онлайн Ставки На Спорт Making Corporate Travel Arrangements Business Virtual Data Room Stock Market Tips For Beginners What to Look for in a VDR Provider Why You Need a Secure Data Room Learning in the Digital Age How to Apply For Business Loans VDR and Document Management Performance Management and HR Outsourcing Modern Business Integration How to Choose the Right Board Portal Software for Your Company How to Choose a Data Storage Room Why Startups Use a Data Room for Investors The Best Web Tools for Designers Use Cases For Using VDR Documents Subsidy Programs and Financing Innovative Technologies for Audit What Is Real Estate Management? Investment and Funds Inspiring Teaching Books What Are the Benefits of a Virtual Data Room? Startups and Business Ideas How to Improve Virtual Board Communication The Lego Company History Investing in the Biotech Industry Financial Startup Basics Jogue Por Dinheiro Actual Em Cassino Onlin Virtual Communication Methods for Remote Leaders How to Choose the Best VDR Providers How Successful Online Businesses Succeed How Business Experts Fuel Innovation and Create Competitive Edge The IT World and Business Deal Making Software and How it Can Help Your Business Virtual Data Room Software Types of Steel Materials and Their Uses Board of Directors Software Bonver Casino Cz Hrací Automaty S Bonusem Zdarm Magazyn Żużel Speedway W Polsce I Na Świeci What Is Logistics School? What Is the VDR for Acquisition? The Best Data Room Apps For Startups Best Practices for Creating an Effective Board Meeting Agenda How to Choose the Best Shareholders Online Platforms Ostdeutsche Biersorten Getting a Construction Management Degree How to Select an Online Data Room Provider Start Your Blog Without Investment What to Look for in a Board Room Provider Data Room Comparison – Which Data Room Is Right For Your Business? Zakłady Sportowe Online Autógrafo Bukmacherska 1xbe “Pin-up O Melhor Cassino Do Brasil Web Site Oficial ᐈ Jogar Caça-níquei Rotating Events in Our Time How to Choose the Best Business Software Choosing an Online Payment Processor Due Diligence Software Virtual Data Room Providers for M&A Due Diligence The Best Online Data Room Benefits of a Due Diligence Data Room Best Practices for Data Rooms Types of Corporate Governance What Is Virtual Data Storage? Benefits of Document Distribution Software The Benefits of a Data Room for Startups Effective Project Management Requires a Mix of Technical and People Skills Top 5 Free File Sharing Services Zakłady Sportowe Online Obstawiaj U Bukmachera Gg Be Speed Up Your Business Valuation With a Data Room How to Choose the Best Board Management Software for Business How to Write Effective Board Decision Papers Choosing Board Meeting Software The Benefits of Document Distribution Software Why Startups Need a VDR for Start-Up Virtual Data Room for Ipos and the IPO Process What is a Board Portal? What Industries Use Virtual Data Room? Advantages of a Data Room What Does a Board Room Provider Do? Data Room Analysis for Venture Capital Funding The Importance of Board Reporting Software 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

Asia

Asian shares to digest Fed minutes as political turmoil weighs on the dollar

A rally in the dollar was halted on political turbulence stateside while investors digested the Wednesday release of the Federal Reserve’s minutes ahead of the Asia market open on Thursday.

President Donald Trump unexpectedly said on Wednesday he was disbanding two advisory councils comprising prominent business executives.

The move came after several members of Trump’s Strategic and Policy Forum and Manufacturing Jobs Initiative councils stepped down following the president’s Tuesday press conference in which the president blamed “both sides” for violence at a white nationalist rally in Virginia.

The dollar fell against a basket of rival currencies following the latest political developments, with the dollar index standing at 93.541 at 6:56 a.m. HK/SIN after climbing as high as 94.145 in the overnight session. The greenback also weakened against the Japanese currency, fetching 110.08 yen compared to an overnight high of 110.23.

Minutes from the Federal Open Market Committee’s July meeting released on Wednesday also supported the move lower in the greenback. While some Fed members said they were worried over the tightening labor market, others voiced their concern over low inflation rates in the U.S.

In Asia, futures tipped a moderately lower open for Japanese equities. Nikkei futures traded in Chicago were down 0.12 percent at 19,705 and Osaka futures were off 0.05 percent at 19,720. Both were a tad below the Nikkei 225’s previous close of 19,729.28.

Australian SPI futures were 0.47 percent lower at 5,758 compared to the benchmark index’s last close of 5,785.102.

Indonesia markets are closed for a public holiday.

Equities on Wall Street closed slightly higher on Wednesday. The Dow Jones industrial average rose 0.12 percent, or 25.88 points, to close at 22,024.87, the S&P 500 gained 0.14 percent, or 3.50 points, to end at 2,468.11 and the Nasdaq advanced 0.19 percent, or 12.10 points, to close at 6,345.11.

In corporate news, airline Cathay Pacific announced a first-half loss of HK$2.05 billion ($262.07 million). The company attributed its poor performance in the first half of the year to increased competition and higher fuel prices. Cathay Pacific also added in its release that it didn’t expect the operating environment to “improve materially” in the second half of the year.

Meanwhile, telecommunications operator China Unicom will raise almost $12 billion from investors such as Alibaba and Baidu as part of a push for mixed ownership reform. Shares of the company’s Hong Kong-listed unit were halted from trade Wednesday and will resume Thursday.

Shares of Tencent could also be set for moves during the trading day after the company’s second-quarter profit grew 70 percent to 18.23 billion yuan ($2.72 billion). Tencent is the company behind popular mobile game “Honour of Kings.”

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

  • 7:50 a.m.: Japan July trade data
  • 8:30 a.m.: Singapore July trade data
  • 9:30 a.m.: Australia July employment
  • 10:00 a.m.: Philippines second-quarter GDP
  • 4:30 p.m.: Hong Kong July unemployment rate

Source: cnbc china
Asian shares to digest Fed minutes as political turmoil weighs on the dollar

Comments are closed.