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Asian Equities Marginally Mixed, E-Minis Edge Higher Overnight

EQUITIES

The negative lead from Wall St., which centred on Thursday's attack on Kabul airport, applied some pressure to the major local indices during early Asia-Pac dealing, although that impulse faded a little with the focus moving to the potential for an uptick in Chinese credit provisions and perceptions surrounding the chances for a targeted RRR cut. This allowed Chinese/HK indices to outperform, lodging marginal gains, although the broader ranges were generally limited ahead of Fed Chair Powell's Friday address. E-minis were marginally higher after yesterday's modest dip.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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