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Asian Summary

EQUITIES

Asian indices are mostly lower, despite some recovery in US Equities.

  • S&P 500 was led by the US agreeing a stopgap, to keep the government open.
  • There's still plenty of concerns ahead with the US pandemic, and European lockdowns.
  • Stocks moved lower in Japan and Hong Kong, with Japan back from their holidays.
  • Topix fell led by transportation.
  • Shanghai inched up despite the latest rhetoric from the US president, regarding China and the Covid 19, as souls lost in the US surpass 200k.
  • Looking ahead, we have a very busy day for Europe and the US with plenty of data, ECB and Fed speakers, including Powell before House panel..
  • Nikkei is 23, 340.5
  • Shanghai: 3,279.71
  • Hang Seng: 23,655.0
  • Kospi: 2,338.69
MNI London Bureau | +44 203-865-3806 | fabrice.benhassine@marketnews.com