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Asian Summary

EQUITIES

Asian equities have traded well during the Asian session.

Benchmark indices are trading in the green

  • Japanese Machinery orders picked up in July, as activity rebounds.
  • This led Nikkei higher, also helped by electronics.Chinese stock rose on the broad base equity better buying, and some recovery in US equities
  • Overnight news saw the EU studying the possibility of legal action against the U.K over Brexit
  • Tokyo Government is set to lower the virus limit by 1 notch, from its highest level.
  • Looking ahead, all eyes on the ECB meeting and presser, and Brexit development.
  • Nikkei is 23,092.0
  • Topix is 1,610.0
  • Hang Sang: 24,448.5
  • CSI300: 4,491.60
  • China A50: 15,246.0
  • Kospi; 316.45

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