On Thursday (31 Aug) morning, the Asia Pacific major indices were mixed after last night critical published numbers such as the slightly lower than expected of US QoQ GDP at 2.1%, the almost no change on Germany CPI at 6.1% YoY as well as unchanged of China PMIs with Composite/Manufacturing/Non-Manufacturing are 51.3/49.7/51.0 respectively.
Despite the negative 2% of MoM Japan Industrial Production, the better than expected of 6.8% YoY Retail Sales pushed NIKKEI up as the leading index this morning with almost 0.6% gain over 32,5000, along with 0.5% gain on Hong Kong HSI over 18,570. Meanwhile, South Korea KOSPI got the most loss at 0.4%, plunging under 2,550, followed by Taiwan TWII with 0.3% loss, moving the index under 16,670.
On the other hand, US Futures mostly remained unchanged except the Dollar Index (DXY) lowering to 103 while JPY/USD strengthen by 0.2% to 0.6876. S&P 500 still over 4,500 and NASDAQ also remained higher than 15,500. The stabilized market for a few days plunging the Volatility Index (VIX) dropped to 15.3 after it’s over 16 last week. The commodities like Gold also remained over $1,970 per Troy Ounce and WTI crude oil maintained at $81.5 per barrel.
