December 31, 2024 04:36 GMT
EQUITIES: APAC Lower, US Futures Continue Monday’s Sell Off
EQUITIES
APAC equity markets are generally lower in holiday-thinned trading as risk sentiment deteriorated following disappointing China manufacturing PMI data, although non-manufacturing surprised to the upside. US S&P and NASDAQ futures are down around 0.1% after the main indices fell on Monday. The USD index is slightly lower.
- The Hang Seng is the only main index that is higher today rising 0.1%. China’s CSI 300 fell 0.6%.
- The ASX closed down 0.9% driven by real estate and consumer durables, while energy was one of only two sectors to rise. NZ was also weak with the NZX 50 down 1.2%.
- Malaysia, Singapore and India are all lower.
- Japan, South Korea and Thailand are closed. New Zealand and Australia shut early.
- Other early finishes include Hong Kong at 12:00, Philippines at 11:55 and Singapore at 12:00.
- Germany, Italy, Switzerland, Sweden and Norway have holidays, the UK closes at 12:30 and France at 14:05.
- US October house price data and December Dallas Fed print later.
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