Australian shares slip ahead of October retail sales data release



SINGAPORE – Shares in Australia slid in Friday morning trading, following data from the country’s October retail sales expected later in the day.

NS S&P/ASX 200 Shares of major miners fell 0.24% in morning trading, with shares bhp A drop of about 0.5%.



Australia’s retail sales data for October will be released at 8:30am on HK/SIN.

Meanwhile, the Nikkei futures contract in Chicago was at 29,435 while its counterpart in Osaka was at 29,510. Compared to Nikkei 225’s Last closed at 29,499.28.



In the development of Covid, World Health Organization officials said on Thursday that they are Monitoring a new version 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 remained closed in the US on Thursday due to the Thanksgiving holiday.



currencies

NS US Dollar Index, which tracks the greenback against a basket of its peers, was at 96.789 – well above the low of 96.5 seen in the earlier trading week.

NS Japanese yen It traded at 115.18 per dollar, which is still weaker than the 114.5 level seen earlier this week. NS Australian Dollar After yesterday’s decline from the level above $0.7183 was at $0.7183.

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