Asian mixed stocks as focus remains on Powell today
Japanese stocks are not really taking to heart the close of the S&P 500 and Nasdaq record yesterday, with Asian stocks in general having been more mixed over the session.
The Hang Seng is also down 0.9% while the Shanghai Composite is seen up 0.4%. Elsewhere, US futures are down around 0.2%, but all eyes are on Fed Chairman Powell’s speech later today, so there’s not much to chew for now.
In the major currency space, trading ranges continue to remain narrower with little change overall. If anything, expect the morning European trading to reflect more of the same subdued, calm tones as we wait for Powell.