On Thursday morning (8 August, 9:29 AM, GMT+7, Bangkok time), indices in Asia Pacific declined following a drop in Wall Street, with investors monitoring Japan’s trade data and anticipating India’s interest rate decision, expecting to hold steady at 6.5%.
Japan’s NIKKEI slumped by 0.96% to 34,751.9. South Korea’s KOSPI dropped by 0.81% to 2,547.71, and Australia’s ASX 200 decreased by 0.48% to 7,663.1.
As for stocks in China, Shanghai’s SSEC declined by 0.57% to 2,853.46. Hong Kong’s HSI lost 0.73% to 16,755.25, and Shenzhen’s SZI contracted by 0.79% to 8,382.64.
Meanwhile, the US stock markets edged down on Wednesday as the Dow Jones Industrial Average (DJIA) diminished by 0.6% to 38,763.45. NASDAQ shrank by 1.05% to 16,195.81, and S&P 500 fell by 0.77% to 5,199.5. VIX grew by 0.51% to 27.85.
As for commodities, oil prices settled higher on Wednesday, prompted by a larger-than-anticipated decrease in U.S. crude inventories, despite concerns lingering over China’s sluggish oil demand. Brent futures increased $1.85 or 2.42% to settle at $78.33 a barrel, and the West Texas Intermediate (WTI) rose $2.03 or 2.77% to settle at $75.23 per barrel.
This morning, Brent futures edged up 12 cents or 0.15% to $78.45 a barrel, and the WTI gained 22 cents or 0.29% to $75.45 per barrel.
Meanwhile, gold futures slid by 0.24% to $2,426.6 per Troy ounce.
