Free Trial

(M2) Corrective Cycle Still In Play


Remains Above Tuesday’s Low


MS: Core PCE Seen at +0.25% M/M

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
STOCKS: Asia-Pacific stocks benefitted from Wall St.'s positive lead, with the
major indices all lodging gains on Friday.
- The Nikkei 225 received an additional boost from the softer JPY, which allowed
exporting names to rally, as the materials and IT sectors led the way higher,
with telecoms providing a modest counterbalance.
- Chinese A-shares were supported by BBG reports that FTSE Russell is
considering including the space in its indices, potentially with a larger
weighting than the one employed at MSCI, although the CSI 300 only managed to
print marginal gains after U.S. President Trump cast some doubt over the recent
positive reports re: U.S.-China trade talks on Thursday.
- The Hang Seng was more buoyant adding 0.8%, led by the health care and
consumer discretionary sectors.
- Australia's ASX 200 added around 0.7%, with health care and IT leading the
- U.S. index futures managed to record marginal gains.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.