Asian shares started the week on a cautious note as investors braced for a barrage of US economic data amid lingering uncertainty over the Federal Reserve’s policy path. Japan edged lower along with Australia, while South Korean equities rose. US equity-index futures edged up. The yen held steady after Japan’s economy contracted for the first…
US equity-index futures edged lower and Asian markets opened on a subdued note after a lackluster Wall Street session, as investors stayed cautious with limited economic data clouding the outlook for Federal Reserve policy. Contracts for the S&P 500 and the Nasdaq 100 index retreated 0.2%, after the underlying gauges were largely unchanged Wednesday. However,…
Asian stocks opened lower Tuesday, diverging from Wall Street gains after Amazon.com Inc.’s $38 billion deal with OpenAI had reignited enthusiasm for artificial intelligence shares. Stocks opened lower in South Korea and Japan, where traders returned after a long weekend. Australian shares fell ahead of a central bank rate decision where policymakers are expected to…
Asian stocks struggled for direction at the open after weakening US services data fueled uncertainty about the Federal Reserve’s policy path. The Nikkei-225 index was flat while shares in South Korea declined and those in Australia rose. The broader MSCI Asia Pacific Index rose 0.2%. A gauge of the dollar edged lower while Treasuries steadied…