On Wednesday morning (17 July, 9:33 AM, GMT+7, Bangkok time), indices in Asia Pacific traded mixed following the rise of Australia’s ASX200, exceeding the all-time high of 8,037.30.
Meanwhile, according to data released by the Bank of Japan on Tuesday, it is suspected that Japan may have spent close to 6 trillion yen through intervention activities last week to support the volatile currency.
Japan’s NIKKEI grew by 0.2% to 41,357.66. Australia’s ASX 200 surged by 0.95% to 8,074.9, while South Korea’s KOSPI slid by 0.15% to 2,861.75.
As for stocks in China, Shanghai’s SSEC declined by 0.47% to 2,962.39. Shenzhen’s SZI contracted by 0.62% to 8,822.46, while Hong Kong’s HSI climbed by 0.01% to 17,730.2.
Meanwhile, the US stock markets edged up on Tuesday as the Dow Jones Industrial Average (DJIA) jumped by 1.85% to 40,954.48. NASDAQ rose by 0.2% to 18,509.34, and S&P 500 soared by 0.64% to 5,667.2. VIX gained 0.53% to 13.19.
As for commodities, oil prices settled lower on Tuesday following concerns surrounding a slowing Chinese economy impacting demand. Meanwhile, the decline was limited by a strengthening belief that the US Federal Reserve could potentially cut key interest rates as early as September. Brent futures dropped $1.12 or 1.3% to $83.73 a barrel, and the West Texas Intermediate (WTI) decreased $1.15 or 1.4% to $80.76 per barrel.
This morning, Brent futures grew 11 cents or 0.13% to $83.84 a barrel, and the WTI edged up 11 cents or 0.14% to $80.87 per barrel.
Meanwhile, gold futures increased by 0.68% to $2,484.5 per Troy ounce.
