MNI: Fed Should Tread Cautiously On Productivity -Goolsbee

MNI: US Tariffs Could Boost Inflation By 0.81%-1.63% -ATL Fed

MNI: Canada Apr-Dec Budget Deficit CAD21.7B Vs Prior CAD23.6B

MNI China Daily Summary: Friday, February 28

MNI BRIEF: Xi Calls For Greater Consumption To Boost Demand

MNI BRIEF: China To Fight Against Extra U.S. Tariffs: MOFCOM

BAKER HUGHES CANADA RIG COUNT 248; OIL RIGS 177; GAS RIGS 71

MNI: BAKER HUGHES US RIG COUNT 593; OIL RIGS 486; GAS RIGS 102

EZ/UK Bond Supply Calendar: DDA, RAGBs, Gilt, Bobl Due Tuesday

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EQUITIES: Asian Equities Trade Mixed, Nissan Surges On Merger Talks

EQUITIES
EquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets

Asian markets traded mixed today as investors await the Fed's final policy decision of the year. The MSCI Asia Pacific Index rose 0.5% before paring gains, led by rebounds in Hong Kong and South Korea, while Japan and Australia saw small declines. Hong Kong-listed Chinese tech stocks gained over 1%, shrugging off news of a US trade investigation into Chinese semiconductors, while Chinese state-owned stocks rose on new regulatory guidelines linking management assessments to stock performance.

  • Japan’s Nissan Motor surged 24% on reports of a possible merger with Honda, though broader Japanese equities remained mixed with the Nikkei -0.55%, while the TOPIX is -0.20% lower. South Korea’s Kospi jumped 1%, supported by gains in tech giants like Samsung, Taiwan's TAIEX is trading flat.
  • China & Hong Kong equities are higher today, small-caps are playing catch up after underperforming yesterday, while gains were also supported by regulatory guidelines tying Chinese state-owned firms' management performance to stock value, boosting central state-owned equities, the CSI Central SOE Index is trading 1.20% higher, elsewhere the CSI 300 is 0.50% higher, while the HSI is trading 0.60%
  • US equity futures are slightly higher today after the S&P 500 and Nasdaq 100 both fell 0.4% overnight.
  • Traders are cautious ahead of the Fed’s decision, it's wild expected there will be a 25bps rate cut, main focus will be on guidance for 2025 amid economic uncertainty and inflation concerns. Meanwhile, Indonesia’s & Thailand's central banks are set to announce its policy decision later today, followed by the BoJ tomorrow.
249 words

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.

Asian markets traded mixed today as investors await the Fed's final policy decision of the year. The MSCI Asia Pacific Index rose 0.5% before paring gains, led by rebounds in Hong Kong and South Korea, while Japan and Australia saw small declines. Hong Kong-listed Chinese tech stocks gained over 1%, shrugging off news of a US trade investigation into Chinese semiconductors, while Chinese state-owned stocks rose on new regulatory guidelines linking management assessments to stock performance.

  • Japan’s Nissan Motor surged 24% on reports of a possible merger with Honda, though broader Japanese equities remained mixed with the Nikkei -0.55%, while the TOPIX is -0.20% lower. South Korea’s Kospi jumped 1%, supported by gains in tech giants like Samsung, Taiwan's TAIEX is trading flat.
  • China & Hong Kong equities are higher today, small-caps are playing catch up after underperforming yesterday, while gains were also supported by regulatory guidelines tying Chinese state-owned firms' management performance to stock value, boosting central state-owned equities, the CSI Central SOE Index is trading 1.20% higher, elsewhere the CSI 300 is 0.50% higher, while the HSI is trading 0.60%
  • US equity futures are slightly higher today after the S&P 500 and Nasdaq 100 both fell 0.4% overnight.
  • Traders are cautious ahead of the Fed’s decision, it's wild expected there will be a 25bps rate cut, main focus will be on guidance for 2025 amid economic uncertainty and inflation concerns. Meanwhile, Indonesia’s & Thailand's central banks are set to announce its policy decision later today, followed by the BoJ tomorrow.