Free Trial

Asia Little Changed, E-Minis Edge Lower After New Wall St. Records

EQUITIES

The major regional indices struggled for any meaningful sense of direction during Wednesday's Asia-Pac session, operating either side of unchanged, while U.S. e-minis edged lower after their cash equivalents backed away from fresh record highs (in the case of the S&P 500 and NASDAQ 100) into the Wall St. close. This came in the wake of a solid rally lining up with the resumption of fiscal stimulus discussions in DC and a decent ISM m'fing print.

  • Macro headline flow was generally light during the Asia-Pac session, although Donald Trump continued his battle against "big tech" friendly regulations.
  • Nikkei 225 +0.1%, Hang Seng -0.1%, CSI 300 +0.2%, ASX 200 unch.
  • S&P 500 futures -11, DJIA futures -133, NASDAQ 100 futures -24.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.