Free Trial

Asia Markets Negative But US Futures On The Rise Again

EQUITIES
  • Markets in the Asia-Pac region struggled to capitalize on gains in US equity markets, with returns mixed as regional coronavirus concerns weigh, Japan observes a national holiday on Friday. This resulted in the closure of Japanese financial markets, the holidays will result in thinner liquidity during Asia-Pac trading. Markets in mainland China were lower, snapping a four-day winning streak while the Hang Seng also saw losses of over 1%. Markets in South Korea, Taiwan and Australia managed to keep their heads above water, barely, while other regional markets also declined though moves were less pronounced. US futures are higher, gearing up for a fourth day of gains after declining sharply at the start of this week. Moves toward record highs for US markets are fueled by earnings season.

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.