SYDNEY (Reuters) – Asian markets marked time on Thursday with two major centers – Japan and China – shut for holidays while the dollar held on to overnight gains after the U.S. central bank poured cold water on rate cut expectations.
FILE PHOTO: A man looks on in front of an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province, China February 13, 2019. REUTERS/Stringer
MSCI’s broadest index of Asia-Pacific shares outside Japan was off 0.1 percent, trading in a tight band. Australian shares slipped 0.7 percent while New Zealand was up 0.4 percent and South Korea’s KOSPI index added 0.1 percent.
E-Mini futures for the S&P 500 were unchanged.
Trading in Japan will resume next Tuesday while China will be