Australia’s shares fall before retail data is released in October

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SINGAPORE – Shares in Australia fell in trading on Friday morning, with the country’s retail trade data for October expected later in the day.

The S & P / ASX 200 fell by 0.24% in morning trading, with shares from major miners BHP decreases by about 0.5%.

Australia’s retail data for October will be released at 8:30 AM / SIN.

At the same time, the Nikkei futures contract in Chicago was 29,435 while its counterpart in Osaka was 29,510. Nikkei 225: or last closing at 29,499.28.

In the Covid development, officials from the World Health Organization said on Thursday that they are monitoring of a new variant with “a large number of mutations.” A special meeting is scheduled for Friday to discuss its implications for vaccines and treatments.

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Markets in the US were closed on Thursday for the Thanksgiving weekend.

Currencies

The US dollar index, which follows the dollar against a basket of its peers, was at 96,789 – still above levels below 96.5 seen earlier in the trading week.

The Japanese yen traded at 115.18 per dollar, still weaker than levels below 114.5 earlier this week. The Australian dollars was at $ 0.7183 after yesterday’s fall from levels above $ 0.72.

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