Japan -0.21%. Japan Jibun preliminary PMI February: Manufacturing falls at its fastest rate in 2.5 years.
China +0.17%.
Hong Kong -1.53%.
Australia -0.21%. Australia weekly consumer confidence 80.4 (prior 78.1).
Australia preliminary February PMI: Manufacturing 50.1 (prior 50), Services 49.2 (48.6).
The Reserve Bank of Australia released minutes from its February policy meeting, says a February pause in rate hikes “not an option”.
India +0.16%.
US and Canada markets were closed due to Presidents’ day holiday, the trading activity was light. US major stock and futures exchanges were closed for the day. Banks and businesses were closed. The bond market was shuttered as well. U.S futures fell on Monday night following a week during which higher interest rates kept investor sentiment in check.
Friday on Wall Street, the major stock indexes closed mixed for the day and mixed for the week. The Dow Industrial Average rose 129.84 points or 0.39% at 33826.70; S&P index fell 11.32 points or -0.28% at 4079.10; NASDAQ index fell -68.55 points or -0.58% at 11787.28.
Week Ahead: The U.S. Federal Open Market Committee will release minutes for its latest meeting concluding Feb. 1 later in the week.
New Zealand will also release its trade balance for January on Wednesday.
New Zealand PPIs Inputs +0.5% in Q4 2022 lower than the previous quarter – reduced inflationary pressure.
RBNZ Shadow Board recommend +50bp interest rate hike this week at monetary policy meeting.
The Brent crude benchmark opened slightly lower on Tuesday as the U.S. dollar strengthened and traders waited for cues from the U.S. Federal Reserve meeting minutes, after optimism over demand amid tightening supplies drove prices higher on Monday.
Brent crude was down 59 cents, or 0.5%, at $83.57 a barrel on Tuesday. U.S. West Texas Intermediate crude (WTI) for March, which expires on Tuesday, was up 78 cents, or 1.02%, at $77.12 at 0146 GMT.
US futures lower. Dow Jones -0.12%; S&P 500 -0.13%; Nasdaq -0.14%.
