Japan (NKY:IND) -0.34%. The Japanese yen depreciated to 158 per greenback on Wednesday, reversing features from Monday’s sharp rebound resulting from suspected authorities intervention, with cash market information suggesting the finance ministry spent round $35 billion {dollars} to prop up the yen. Japanese authorities didn’t affirm whether or not they have been behind the foreign money’s latest surge
Japan factory activity shrinks the least in 8 months to 49.6 in April
China (SHCOMP) market closed.
Hong Kong (HSI) market closed.
India (SENSEX) market closed.
Australia (AS51) -1.23%. In Australia, manufacturing PMI improves for 3rd month in April to 49.6, whereas home costs elevated for the fifteenth straight month.
The Reserve Financial institution of Australia’s Index of Commodity Costs dropped 11.6 % year-on-year in April 2024.
Markets in South Korea, Hong Kong and China are closed for the Labor Day vacation.
Within the U.S., on Tuesday, all three major indexes ended lower as Treasury yields jumped on stronger-than-expected US wage data.
Buyers additionally turned cautious forward of the US Federal Reserve’s coverage resolution, amid fears that it will preserve larger rates of interest for an prolonged interval.
U.S. inventory futures edged decrease on Wednesday as traders equipped for the Federal Reserve’s coverage resolution: Dow -0.07%; S&P 500 -0.18%; Nasdaq -0.40%.
Currencies: (JPY:USD), (CNY:USD), (AUD:USD), (INR:USD), (HKD:USD), (NZD:USD).