Asian stocks could see a flat-to-lower open on Tuesday, following a weak lead from Wall Street amid concerns over Greece. Australia’s S&P ASX 200 index inched down 0.1 percent in early trade amid a pullback in the big four lenders. National Australia Bank opened down 1.1 percent, while Westpac, Commonwealth Bank of Australia and ANZ Banking shed between 0.8 to 0.3 percent.
Earnings season kicks off in Sydney this week; Mining company Bradken slumped nearly 20 percent after reporting a steep first half loss. Biotech firm Cochlear tanked over 1 percent despite seeing its first half net profit more than tripled.
Japan’s Nikkei 225 index is set to open lower. Chicago futures traded at 17,610, while those in Osaka eased 0.3 percent to 17,640, below the benchmark index’s previous close of 17,711.
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.
Latest posts by marketpulsefxstaff (see all)
- Oil Remains Near Multi-Month Lows - 6 August 2015
- U.S. Dollar Higher on Recent Data - 6 August 2015
- Greece’s PM Tsipras: Loan Deal with Lenders Close - 6 August 2015