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Home Asia Pacific

Forexlive Asia-pacific FX news wrap 28 Aug. ANZ Business outlook soars & sends NZD higher

NEWSROOM by NEWSROOM
August 29, 2024
in Asia Pacific, Business
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The earnings from Nvidia came in better than expected as did the revenues and even the guidance but investors side not the delay in the Blackwell and perhaps hopes for more, took the stock down in after-hour trading (the stock was trading near $117-118 in after hours trading after closing at $125.61). That has Asian shares stepping lower with the Japan Nikkei down -0.39%, China’s Shanghai Composite down -0.60%, Hang Seng index down -0.76%, and the S&P/ASX200 index down -0.39%.

What did not help in Australia is the Capital expenditure data for Q2 which came in much weaker than expected at…



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