Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Most Asia stocks slip ahead of U.S. data; Nikkei down 0.95%

Published 03/18/2010, 03:58 AM
UK100
-
FCHI
-
DE40
-
STOXX50
-
JP225
-
HK50
-
Investing.com – Most Asian stock markets slipped on Thursday despite gains on Wall Street, ahead of a flurry of key economic data from the United States on unemployment claims, inflation and the country's current account.

South Korea's Kospi Composite Index shed 0.46%; the Shanghai Composite Index dropped 0.14%; and Hong Kong's Hang Seng Index was down 0.32%.

Japan’s Nikkei 225 Index fell 0.95% after a government survey showed that sentiment among Japanese manufacturers dropped unexpectedly in the first quarter of 2010.

But Australia's S&P/ASX 200 Index bucked the trend, rising 0.2%.

Later in the day, the U.S. was due to publish key monthly CPI data and weekly data on initial jobless claims, as well as a report on the country's current account.

Also Thursday, the Federal Reserve Bank of Philadelphia was to release a closely watched measure of manufacturers' views regarding the outlook for their sector.

The outlook for European markets, meanwhile, was also dim: France’s CAC 40 futures indicated a fall of 0.39%; Germany's DAX futures pointed to a drop of 0.32%; EURO STOXX 50 futures indicated a slide of 0.49%; and Britain's FTSE 100 futures pointed to a fall of 0.33%.

The European Union was also set to publish data on the euro zone's current account later Thursday.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.