Nikada
Japan -0.25%. Japan Jibun / S&P Global Services PMI for June revised lower to 54.0 in June 2023 from 54.2 in the flash estimates (prior 55.9).
China -0.59%. China June 2023 Caixin / S&P Global Services PMI 53.9, a slower rate of expansion than the 57.1 recorded in May.
Hong Kong -1.64%.
Australia -0.35%. Australia data – June Services PMI 50.3 (prior 52.1).
India -0.03%.
New Zealand GDT price index -3.3%.
The Philippines’ headline inflation rate slowed for a fifth straight month to 5.4% in June, down from May’s figure of 6.1%.
On Tuesday, the US markets was closed for Independence Day but it wasn’t a dead session, in large part due to the dovish surprise from the RBA, which held rates, resulted in an initial selloff in AUD followed by a rally.
Traders will be watching closely for minutes from the Federal Reserve’s June meeting, after Chairman Jerome Powell said last month to expect more rate hikes ahead.
Oil prices eased on Wednesday as worries over global economic slowdown weigh. Brent crude was down 14 cents, or 0.2%, at $76.11 a barrel by 0027 GMT, after climbing $1.60 on Tuesday. U.S. West Texas Intermediate crude futures were at $71.14 a barrel, up $1.35, or 1.9%, from Monday’s close.
Currencies: (JPY:USD), (CNY:USD), (AUD:USD), (INR:USD), (HKD:USD), (NZD:USD).
U.S. stock futures were all lower ahead of Wednesday’s session: Dow -0.19%; S&P 500 -0.19%; Nasdaq -0.28%.
