Caution Creeps In

There was little in the way of notable headline flow during Asia-Pac hours, although e-minis were biased lower as participants looked to the COVID-19 situation in the U.S., Sino-U.S. and Sino-Aussie tensions. The COVID-19 situation in Japan also got attention in some quarters, with talk surrounding the potential for broader containment measures evident there. As a reminder, Wednesday saw the NASDAQ 100 outperform on Wall St., while the Dow lagged, reversing the dynamic witnessed in recent sessions.

• The major Asia-Pac indices trade within close proximity of unchanged levels at typing, although the trajectory was generally lower as we moved through the session, given the aforementioned risk tone.
• Nikkei 225 +0.1%, Hang Seng -0.4%, CSI 300 -0.1%, ASX 200 -0.5%.
• S&P 500 futures -23, DJIA futures -173, NASDAQ 100 futures -75.