never
Japan -1.23%. Japan posted its first trade surplus in nearly two years in June.
China -0.51%. The People’s Bank of China kept the key interest rates for the one-year and five-year loan unchanged at 3.55% and 4.2%, respectively.
Hong Kong +0.21%.
Australia +0.04%. Seasonally adjusted unemployment rate in Australia It settled at 3.5% in June 2023, unchanged from the downwardly revised number in May, and remained close to last October’s lows in 50 years. And below market expectations of 3.6%.
India -0.04%.
Malaysia’s trade surplus rose to RM25.8 billion in June 2023 from RM23.2 billion in the same month a year earlier and is more than the market estimate of RM21.6 billion.
In the United States, the three major indices closed higher on Wednesday as the second-quarter earnings season picked up steam. The Nasdaq Composite Heavy Index fluctuated during the end and gained 0.03% to close at 14,358.02 points. The S&P 500 rose by 0.24%, closing at 4,565.69 points. Meanwhile, the Dow Jones Industrial Average advanced 0.31%, ending at 35,060.81 points.
The following are in session: German Producer Price Index for June at 6:00 GMT and the Eurozone Current Account Balance for May at 8:00 GMT.
On Friday, we get the final Japanese inflation report for June before the BoJ meeting next week at 7.30pm ET.
Oil prices fell in early Asian trading today, Thursday, due to the strength of the dollar and profit-taking after the decline in US crude oil inventories less than expected. Brent crude futures fell 14 cents, or 0.2%, to $79.32 a barrel by 0001 GMT, while US West Texas Intermediate crude fell 15 cents, to $75.20 a barrel.
Gold rose above $1,980 an ounce on Thursday, hitting its strongest level in two months as falling US inflation raised hopes that the Federal Reserve is nearing the end of the current monetary tightening cycle.
spot gold It rose 0.4 percent to $1,984.29 an ounce by 0521 GMT, near its highest level since mid-May. US Gold Futures It rose 0.3% to $1,987.20.
silver spot It rose 0.2 percent to $25.21 an ounce, and platinum fell 0.1 percent to $971.87, while palladium fell 0.6 percent to $1,300.21.
Currencies: (JPY: USD), (CNY: USD), (AUD: USD), (INR: USD), (HKD: USD), (NZD: USD).
US stock futures fell on Thursday as the latest quarterly results from major technology names disappointed the market: Dow -0.02%; Standard & Poor’s 500 -0.17%; Nasdaq -0.46%.
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Invesco’s Christina Huber says the US dollar will continue to weaken