ASX to rise, Wall St mixed, CPI report awaited
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Hong Kong shares edge lower, Fed comments awaited
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HSI -0.4%, HSCE -0.8%, CSI300 -1.1% FTSE China A50 -1.6%
April 26 (Reuters) - Hong Kong stocks weakened on Monday, as worries over a resurgence of coronavirus outbreak in overseas countries weighed on sentiment. At the close of trade, the Hang Seng index was down 125.92 points, or 0.43%, at 28,952.83. The Hang Seng China Enterprises index fell 0.78% to 10,981.31. The sub-index of the Hang Seng tracking energy shares dipped 0.4%, while the IT sector dipped 0.01%, the financial sector ended 0.11% lower and the property sector dipped 0.77%. India on Monday set a global record for a rise in daily coronavirus cases for a fifth straight day, while deaths from COVID-19 also jumped by an all-time high over the last 24 hours.
ASX to edge up, Wall St mixed, Tesla sales miss
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Australian shares are set to edge modestly higher, while the currency surged amid continuing strength in copper and iron ore.
ASX futures were up 6 points or 0.1 per cent to 7026 at 7am AEST. The currency lifted 0.8 per cent to trade at US78¢. The yield on the US 10-year note rose 1 basis point to 1.57 per cent at 4.59pm in New York.
Bitcoin rebounded 10 per cent to $US52,940 near 7.15am AEST according to bitstamp.net, reportedly helped by news of a new managed bitcoin fund being set up by JPMorgan. It peaked above $US54,000 overnight.