European futures rose 0.2%, brushing off Asian declines as investors reload for key US payrolls data and further clues on interest rate cuts from Federal Reserve meeting minutes.
Asian stocks snapped a three-day winning streak, dragged by Chinese stocks in Hong Kong.
Technology stocks dipped on concerns over the country’s consumption outlook, Walmart Inc.’s planned sale of its stake in JD.com Inc. and poor earnings from key players including Kuaishou Technology.
Contracts for US and European shares ticked higher.The dollar steadied after weakening for three sessions as markets also await Fed Chair Jerome Powell’s Jackson Hole speech on Friday for more clues on the amount and timing of the interest-rate reductions.
The Bloomberg Dollar Spot Index ticked higher after three days of decline, as the Thai baht climbed to its highest since July 2023 ahead of the country’s central bank decision.
Shares also slipped in Tokyo, shrugging off improving exports data. Japan’s equities dropped as the yen’s advance raises worries about earnings.
