Block Trade Reports Weigh On US Futures

Most markets in the Asia-Pac region are in the green, Australia's ASX 200 is the laggard at the time of writing, down around 0.25%. Most markets are taking a positive lead from a record close in the US, markets in Japan are around 1% higher, shrugging off a loss warning from Nomura. Markets in mainland China and Hong Kong rebound from early losses as markets shrug off concerns about stock dumping. US futures couldn't manage to do the same though, and are currently in negative territory, grinding lower through the session. Archegos Capital are said to be behind the block trades seen on Friday which totalled over $20bn in value, with the liquidations forced upon the fund as existing positions moved against them.