Asian stocks set for mixed trading ahead of Powell

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Stocks in Asia look set to trade mixed after US equities made little headway and investors await clues on policy from Federal Reserve Chair Jerome Powell. FMTNews Powell

A pedestrian rides an escalator past an electronic screen and ticker board that indicates stock figures at the Singapore Exchange Ltd headquarters in Singapore.

Futures in Japan pointed to a flat start, while contracts rose in Hong Kong and Australia. The S&P 500 Index edged higher as technology shares climbed. The yield on 10-year Treasuries nudged up to 2.06%. The Mexican peso dropped after that country’s finance minister quit.

 

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