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FINANCE Wednesday 13th JULY

The CSX Index is currently at 484.53 Points down 0.31 Points or 0.06%

Bank of Cambodia Daily Exchange Rate is: 4,083KHR to the USD$

Asian stocks gain as investors brace for U.S. inflation data.

Stocks made slight gains across Asia on Wednesday while the euro hovered just above parity against the dollar as investors awaited a highly anticipated U.S. inflation report later in the global day.

Futures were down ahead of European markets opening on Wednesday morning. FTSE futures slipped 0.24% while pan-region EuroSTOXX 50 futures fell 0.46%.

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) gained 0.66%, snapping two straight days of losses, after having slumped to its lowest in two years the day before.

Taiwanese stocks led the gains after Taiwan's finance ministry said on Tuesday evening it would activate its stock stabilisation fund. The market (.TWII) had fallen to a 19-month low that day. Aviation parts manufacturer Aero Win Technology Corp was the best performer today, up 10%.

Japan's Nikkei (.N225) was up 0.37% after losing nearly 2% the previous day.

The dollar was also firm on other peers, and its index measure against major rivals was holding solidly at 108.27.

The U.S. benchmark 10-year yield was 2.9724%, having traded either side of 3% for the last week.

Oil prices paused their overnight declines. Brent crude was little changed at $99.60 a barrel with U.S. West Texas Intermediate crude at $95.89.

Leading cryptocurrency Bitcoin was up 0.23% and looked on track to snap a three-day losing streak, though at $19,478.89 was still trading below the key psychological $20,000 mark.

That is all the latest news on finance tune in (on Monday) tomorrow for more. 


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