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China stocks lead gains in mixed Asia-Pacific trading following release of better-than-ex

by Trading How
June 15, 2022
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Japan -0.92%.

China +1.68%. China (May) Retail sales -6.7% y/y (anticipated -7.1%).

China 200bn CNY MLF injection, 1 yr, charge unchanged.

Hong Kong +1.45%

Australia -1.13%. Australian data – Westpac monthly consumer confidence for June: -4.5% (prior -5.6%).

Australia minimum wage rises 5.2%.

Australia data – ANZ Roy Morgan weekly consumer confidence 80.4 (prior 87).

India -0.06%.

In a single day on Wall Avenue, Dow Jones shed 151.91 factors, or 0.5%, to 30,364.83, S&P 500 fell deeper into bear market territory, declining 0.38% to three,735.4, whereas Nasdaq rising 0.18% to round 10,828.35.

NZ data – Current Account/GDP ratio for Q1 is -6.5% vs. anticipated -6.3% & prior -5.8%.

Oil costs dropped on Wednesday on worries over gas demand forward of a U.S. Federal Reserve assembly which is predicted to see the central financial institution to hike charges by at the very least 75 foundation factors to fight inflation.

WTI crude futures fell 8 cents, or 0.1%, to $118.85 a barrel by 0008 GMT. Brent crude futures fell 26 cents, or 0.2%, to $120.91 a barrel.

U.S. futures increased. Dow Jones +0.13%; S&P 500 +0.21%; Nasdaq +0.36%.



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