Wall Street indices finished yesterday's trading mixed after erasing gains from the beginning of the session. S&P 500 finished flat, Dow Jones dropped 0.36%, while Nasdaq gained 0.21%. Small-cap Russell 2000 dropped 0.91%
Indices from Asia-Pacific traded mixed today. Nikkei rallied almost 2.8% after being closed for holiday yesterday, S&P/ASX 200 added 0.1%, Kospi dropped 0.1%, while indices from China traded mixed
European index futures point to a more or less flat opening of the cash session on the Old Continent today
According to Reuters report, Japanese parliament will hold a special session on August 23 to discuss Bank of Japan's decision to hike rates last month
Australian wage growth for Q2 2024 came in at 0.8% QoQ (exp. 0.9% QoQ), unchanged from Q1 2024. On an annual basis, wage growth remained at 4.1% YoY (exp. 4.0% YoY)
Japanese PPI inflation accelerated from 2.9% to 3.0% YoY in July (exp. 3.1% YoY). This was the sixth consecutive month of acceleration, with the end of utility subsidies being seen as a reason behind the pick-up
Revised Singapore Q2 GDP data came in at 2.9% YoY, in-line with flash release. Singapore authorities said they expect 2024 economic growth to be between 2% and 3%, in the upper half of previous forecast range (1-3%)
Major cryptocurrencies are trading mixed today - Bitcoin gains 0.5%, while Ethereum and Dogecoin drop around 1% each
Energy commodities pull back - Brent drops 0.3%, WTI trades 0.1% lower, while US natural gas price decline 0.5%
Precious metals pull back, erasing part of yesterday's gains. Gold drops 0.5%, silver trades 1% lower and platinum declines 0.6%
GBP and NZD are the best performing major currencies, while JPY and CHF lag the most