Nikada
Asia-Pacific equity markets were mixed after the Bank of Japan kept rates unchanged as widely expected, but disappointed markets by delaying a reduction in its monthly bond purchases.
Japan (NKY:IND) +0.24%. Bank of Japan keeps rates unchanged in June, signals plan to reduce bond buying
Japan’s industrial output falls 0.9% in April, more than preliminary data
China (SHCOMP) +0.12%. China’s vehicle sales increased by 1.5% from a year earlier in May 2024, slowing from a 9.3% rise in the previous month.
Meanwhile, the PBoC will decide on its one-year medium-term lending facility and key lending rates next week.
Hong Kong (HSI) -0.65%.
India (SENSEX) +0.14%. India’s wholesale prices climbed by 2.61% year-on-year in May 2024, accelerating from a 1.26% rise in the previous month and above market estimates of a 2.5% gain.
Australia (AS51) -0.33%.
In the U.S., on Thursday, all three major indexes ended mostly higher after data showed an unexpected drop in US producer prices for May.
U.S. stock futures held steady on Friday after the S&P 500 and Nasdaq Composite notched their fourth straight closing record: Dow -0.27%; S&P 500 -0.11%; Nasdaq +0.14%.
Currencies: (JPY:USD), (CNY:USD), (AUD:USD), (INR:USD), (HKD:USD), (NZD:USD).
