{"id":115728,"date":"2021-06-03T00:21:29","date_gmt":"2021-06-03T00:21:29","guid":{"rendered":"https:\/\/fin2me.com\/?p=115728"},"modified":"2021-06-03T00:21:29","modified_gmt":"2021-06-03T00:21:29","slug":"asia-pacific-stocks-rise-private-survey-on-chinese-services-activity-in-may-ahead","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/asia-pacific-stocks-rise-private-survey-on-chinese-services-activity-in-may-ahead\/","title":{"rendered":"Asia-Pacific stocks rise; private survey on Chinese services activity in May ahead"},"content":{"rendered":"<ul>\n<li>Australia&#x27;s retail sales data for April is expected at 9:30 a.m. HK\/SIN on Thursday.<\/li>\n<li>The Caixin\/Markit services Purchasing Managers&#x27; Index for May is set to be out at 9:45 a.m. HK\/SIN on Thursday.<\/li>\n<\/ul>\n<p>SINGAPORE \u2014 Shares in Asia-Pacific rose in Thursday morning trade, ahead of data releases in Australia and China.<\/p>\n<p>In Japan, the Nikkei 225 gained 0.23% while the Topix index advanced 0.38%. South Korea&#x27;s Kospi edged 0.33% higher.<\/p>\n<p>Shares in Australia also rose, with the S&amp;P\/ASX 200 climbing 0.15%.<\/p>\n<p>MSCI&#x27;s broadest index of Asia-Pacific shares outside Japan traded about 0.1% higher.<\/p>\n<p>On the economic data front, Australia&#x27;s retail sales data for April is expected at 9:30 a.m. HK\/SIN on Thursday.<\/p>\n<p>Looking ahead, a private survey on China&#x27;s services activity for May is set to be out on Thursday, with the Caixin\/Markit services Purchasing Managers&#x27; Index expected at 9:45 a.m. HK\/SIN on Thursday.<\/p>\n<table><\/table>\n<p>Stocks on Wall Street edged higher overnight stateside. The Dow Jones Industrial Average eked a 25.07 point gain to 34,600.38 while the S&amp;P 500 climbed 0.14% to 4,208.12. The Nasdaq Composite rose 0.14% to 13,756.33.<\/p>\n<h2>Currencies and oil<\/h2>\n<p>The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 89.917 following a recent spike above 90.1.<\/p>\n<p>The Japanese yen traded at 109.59 per dollar, weaker than levels below 109.5 seen against the greenback earlier this week. The Australian dollar changed hands at $0.7743, having climbed from levels around $0.772 yesterday.<\/p>\n<p>Oil prices were lower in the morning of Asia trading hours, with international benchmark Brent crude futures down 0.1% to $71.28 per barrel. U.S. crude futures shed 0.13% to $68.74 per barrel.<\/p>\n<p>Here&#x27;s a look at what&#x27;s on tap:<\/p>\n<ul>\n<li>Australia: Retail sales and trade data for April at 9:30 a.m. HK\/SIN<\/li>\n<li>China: Caixin services Purchasing Managers&#x27; Index for May at 9:45 a.m. HK\/SIN<\/li>\n<\/ul>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/06\/03\/asia-markets-australia-retail-sales-china-economy-currencies-oil.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australia&#x27;s retail sales data for April is expected at 9:30 a.m. HK\/SIN on Thursday. The Caixin\/Markit services Purchasing Managers&#x27; Index for May is set to [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":115727,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Asia-Pacific stocks rise; private survey on Chinese services activity in May ahead - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/asia-pacific-stocks-rise-private-survey-on-chinese-services-activity-in-may-ahead\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asia-Pacific stocks rise; private survey on Chinese services activity in May ahead - Fin2me\" \/>\n<meta property=\"og:description\" content=\"Australia&#x27;s retail sales data for April is expected at 9:30 a.m. HK\/SIN on Thursday. 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