Asia-Pacific stocks edge higher as investors await China's trade data for June

2 weeks ago 8

SINGAPORE — Shares successful Asia-Pacific were higher successful Tuesday greeting commercialized arsenic investors awaited the merchandise of China's commercialized information for June.

The Nikkei 225 successful Japan gained 0.75% successful greeting commercialized portion the Topix scale precocious 0.72%. South Korea's Kospi climbed 0.6%.

In mainland China, the Shanghai composite roseate 0.12% portion the Shenzhen component gained 0.288%. Hong Kong's Hang Seng index jumped 0.75%.

Shares successful Australia precocious arsenic the S&P/ASX 200 edged 0.52% higher.

MSCI's broadest scale of Asia-Pacific shares extracurricular Japan traded 0.48% higher.

On the economical information front, China is acceptable to merchandise its commercialized information for June astatine 11:00 a.m. HK/SIN connected Tuesday.

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Overnight stateside, the large indexes connected Wall Street roseate to grounds closing highs.

The Dow Jones Industrial Average precocious 126.02 points to 34,996.18 portion the S&P 500 gained astir 0.35% to 4,384.63. The Nasdaq Composite climbed 0.21% to 14,733.24.

Currencies and oil

The U.S. dollar index, which tracks the greenback against a handbasket of its peers, was astatine 92.214 arsenic it struggled to instrumentality to levels supra 92.7 seen past week.

The Japanese yen traded astatine 110.35 per dollar, inactive weaker than levels beneath 110 seen against the greenback past week. The Australian dollar changed hands astatine $0.7481, supra levels astir $0.745 seen yesterday.

Oil prices were higher successful the greeting of Asia trading hours, with planetary benchmark Brent crude futures up 0.19% to $75.30 per barrel. U.S. crude futures precocious 0.19% to $74.24 per barrel.

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