Asian stocks edged higher on positive economic data
Wall Street closed mainly in negative territory after Treasury Secretary Janet Yellen talked about the possibility of rate hikes to prevent the economy from overheating. Her remarks came in contrast with the statements of FED Chairman Jerome Powell during past meetings.
Crude oil traded 0.2% higher at $64.63 per barrel.
Gold fell 0.4% to $1,785.20 an ounce.
The Dollar Index was up 0.38% at 91.270.
Asia and Australia
Chinese and Japanese markets were closed for Labour and Greenery Day, respectively.
HongKong45 traded 0.33% higher, after losing nearly 1000 points in the last two sessions.
Down under, Australia200 edged up 0.44% as the Reserve Bank met expectations and kept the interest rate unchanged at 0.1%.
USD/JPY was flat at 109.33.
Stocks traded largely higher, boosted by optimism from economies reopening, and the rate of vaccination in EU member states quickly rising. Moreover, by the start of June, the European Commission wants to reopen the continent to holidaymakers from countries with low infection rates and people who have been fully vaccinated.
Brent oil rose 0.3% to $67.75 a barrel.
EUR/USD traded 0.4% lower at 1.2014.
Sources: investing.com, reuters.com