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10/06/21 10:53
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Asian indices took their cue from a poor finish on Wall Street, where bullish momentum faded thanks to declining energy stocks. Poor Chinese trade data hit sentiment in the Asia-Pacific region, as weakness in imports flagged fresh concerns about the Chinese economy. Lower oil and commodity prices hit markets on Wednesday, in part thanks to a revival in the US dollar. Overnight the yen saw fresh safe haven flows, taking USDJPY to its lowest level since mid-September, and hitting the Nikkei 225 hard. US weekly unemployment claims are the main event of the day, with a weaker open expected for most European and US indices. -
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