On Friday (8 Sep) morning, all Asia Pacific indices fell after Japan Q2 GDP growth came out at 4.8% YoY, which was lower than expected of 6% YoY but still higher than 3.2% YoY in previous month. Meanwhile, Hong Kong’s HSI halted its morning trade due to the storm and US published a lesser initial jobless claim at 216,000 claims and also better than expected at 234,000 claims.
Japan’s NIKKEI is leading the loss over 1%, dropping the index down to 32,660. New Zealand NZX 50 is following as the second, losing by 0.7%, moving the index down to 11,340. Shenzhen’s SZI is also at loss by 0.5%, plunging the index down to 10,260. Meanwhile, other major indices are at the downside with lesser than 0.4% on average.
Meanwhile, US Futures indices are still trending down after tech stocks slipped last night. The S&P 500 drops to 4450 and NASDAQ also drops to 15,280. The US dollar is still strong as the DXY remains at 104.9.
WTI crude oil slightly dropped to $86.3 per barrel and Brent fell to $89.4 per barrel, a $1 drop each compared to yesterday. In addition, gold price rose slightly back to $1,950 per Troy ounce.
