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Asia-Pacific shares set for mixed start following Wall Street bounce; Australia August jobs data ahead

SINGAPORE — Shares in Asia-Pacific looked set for a mixed Thursday start following an overnight bounce on Wall Street.

Futures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 30,475 while its counterpart in Osaka was at 30,440. That compared against the Nikkei 225’s last close at 30,511.71.

Australian stocks looked set to edge higher at the open, with the SPI futures contract at 7,452 against the S&P/ASX 200’s last close at 7,417. Australia’s jobs data for August is set to be released at 9:30 a.m. HK/SIN on Thursday.

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Overnight stateside, the Dow Jones Industrial Average jumped 236.82 points to 34,814.39 while the S&P 500 gained 0.85% to 4,480.70. The Nasdaq Composite advanced 0.82% to 15,161.53.

Looking ahead, U.S. jobless claims data is set to be released on Thursday, with economists polled by Dow Jones expecting a total of 320,000 Americans filed for unemployment insurance in the week ended Sept. 11.

Currencies

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 92.548 as it struggles to recover after declining from above 92.8 earlier in the week.

The Japanese yen traded 109.32 per dollar, stronger than levels above 110 seen against the greenback earlier this week. The Australian dollar changed hands at $0.7338.


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