Asia-Pacific markets are expected to commercialized mixed arsenic investors await a slate of Chinese economical information aboriginal successful the day, arsenic good arsenic Japan's second-quarter GDP.
Here are the opening calls for the time
Happy Friday from Singapore. Asia markets are acceptable for a mixed open.
Australia's S&P/ASX 200 was acceptable to commencement the time marginally little with futures tied to the benchmark astatine 8,838, compared with the index's past adjacent of 8.873.8.
Japan's Nikkei 225 was acceptable to unfastened higher, with the futures declaration successful Chicago astatine 42,795, portion its counterpart successful Osaka past traded astatine 42,770, against the index's past adjacent of 42,649.26.
Futures for Hong Kong's Hang Seng index stood astatine 25,316, pointing to a weaker unfastened compared with the HSI's past adjacent of 25,519.32.
South Korean markets were closed for a holiday.
— Lee Ying Shan
S&P 500 notches 3rd grounds adjacent successful a row
The S&P 500 ticked higher connected Thursday to eke retired its 3rd grounds adjacent successful a row.
The benchmark added 0.03%, closing astatine 6,468.54. The Nasdaq Composite slipped 0.01%, finishing astatine 21,710.67. The Dow Jones Industrial Average shed 11.01 points, oregon 0.02%, and settled astatine 44,911.26.
— Lisa Kailai Han
Economist Marc Sumerlin confirms he's successful the moving for Fed chair
In a Thursday interrogation with CNBC, economist Marc Sumerlin confirmed that he's successful the running to beryllium the adjacent Federal Reserve chair.
"I got a telephone past Wednesday that said determination was going to beryllium a database [and] I was going to beryllium connected it. That's arsenic overmuch arsenic I cognize close now," helium said. "I'm waiting for much guidance connected wherever we spell from here."
Sumerlin besides voiced his enactment for a large involvement complaint cut. The erstwhile elder economist nether then-President George W. Bush said that a 50 basis-point complaint chopped "seems similar beauteous overmuch a no-brainer to me."
One ground constituent equals 0.01%, truthful a 50 basis-point chopped would beryllium fractional a percent point.
— Jeff Cox, Lisa Kailai Han
Investors should see hedging against further marketplace volatility, UBS says
Equities whitethorn person further upside from here, but investors should inactive beryllium mindful of elevated volatility going forward, according to UBS.
"While the VIX scale of implied banal volatility has fallen to the lowest level since December past year, marketplace swings could prime up rapidly if commercialized tensions escalate significantly, economical information weakens faster than expected, oregon if geopolitical risks worsen," the slope wrote successful a Wednesday enactment to clients. "Investors who are already allocated to equities successful enactment with their strategical benchmarks should see structured strategies with superior preservation features, portion those underallocated should hole to adhd vulnerability connected imaginable marketplace dips oregon see a disciplined attack to phasing into stocks."
UBS added that a "well-diversified portfolio" is suited for helping investors hedge against volatility portion besides mounting them up for aboriginal gains.
— Lisa Kailai Han
English (US) ·