Wall Street finished its session in the red, with the Dow Jones losing -0.13%, the S&P 500 dropping -0.39%, and the Nasdaq -1.09% lower. Futures are pointing to a steady start to their day ahead.
APAC equities have mostly seen small gains except for Hong Kong’s Hang Seng Index (HSI), which is in the red.
New Zealand’s trade deficit for October was better than anticipated today. It came in at NZD -1.615 billion rather than the NZD -2.129 billion forecasts. NZD/USD has seen modest gains so far today. The RBNZ will be deciding on rates tomorrow.
RBA Governor Philip Lowe will be speaking shortly, as will several ECB, Fed, and Bank of Canada officials.
Canadian retail sales data will be released later, as will a gauge of US manufacturers’ sentiment from the Richmond Fed.