MarketWatch APAC
There was little new news overnight, leaving markets directionless and trading around recent ranges.
Markets are waiting key data released later this week – the personal consumption expenditure deflator, for direction.
US share markets finished weaker, the S&P 500 lost 0.3% and the Nasdaq dropped 1.1%, based largely on the NVIDIA sell-off.
The USD sold off overnight. The AUD/USD pushed higher and moved from 0.6626 to a high of 0.6668.
EUR/USD rose from 1.0700 to 1.0746 and USD/JPY ranged between 159.33 and 159.90.
Oil and gold prices were generally stronger overnight in trade whilst copper and iron ore fell.
