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Macro data, MSCI review on investors' radar this week

Anita Gabriel

Anita Gabriel

Published Sun, Jun 18, 2017 · 09:50 PM

CENTRAL bank meetings in the Asia-Pacific region (no surprises expected), a slew of macro data including manufacturing activity out of major economies and a key MSCI review will be the chief focus for the local bourse this week.

Wall Street's showing last Friday with key US stock indices ending largely flat after the previous day's rout on large-cap technology stocks could also set the tone for the start of the week.

The Dow Jones Industrial Average closed up 0.11 per cent while the S&P 500 finished 0.03 per cent up. The Nasdaq Composite was the weakest performer as it dipped 0.2 per cent as technology stocks faced renewed pressure amid concerns that they were overvalued.

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