Texas markets

Asia-Pacific markets mostly up after Wall Street rally

Japan +0.61%.

China -0.19%. Chinese state financial media announce infrastructure investment is expected to rise 11% y/y.

hong kong +1.16%.

Australia +0.06% Australia Data – June Exports +5% m/m (vs 0.0% expected).

India +0.13%.

Overnight in the United States, the Dow Jones Industrial Average and the S&P 500 each gained more than 1%, while the Nasdaq Composite rose 2.59%, pulled higher by tech stocks.

The S&P 500 rises to its highest since June.

Pelosi met with Taiwan President Tsai Ing-wen on Wednesday amid warnings from Beijing. Pelosi has since left the self-governing island that China considers a runaway province to continue his Asia tour.

Oil prices rose at the start of Asian trading on Thursday, rebounding from multi-month lows in the previous session caused by data signaling weak demand for fuel in the United States.

Crude Brent futures rose 53 cents, or 0.6%, to $97.31 a barrel at 0020 GMT while West Texas Intermediate (WTI crude futures) rose 55 cents, also a 0.6% gain, to $91.21.

Gold prices were flat on Thursday, supported by a pullback in US Treasury yields and as cautious investors awaited the key US nonfarm payrolls report due this week which may offer more clues on the Federal Reserverate hike stance.

Spot gold held its ground at $1,767.39 an ounce, as of 0239 GMT. US gold futures rose 0.4% to $1,783.90.

Cash fell 0.4% to $19.97 an ounce, platinum was down 0.2% to $896, and palladium fell 0.3% to $2,011.42.

US futures falling. Dow Jones -0.03%; S&P500 -0.11%; Nasdaq -0.22%.