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Drifting

EQUITIES

A mixed session in Asia today as markets drifted between minor gains and minor losses. Markets in Japan were higher after returning from a long weekend. Japanese FinMin Aso was on the wires saying no new stimulus package or extra budget was currently being prepped and that there were still plenty of unspent COVID-19 funds. Markets in mainland China were lower, China hitting the headlines after a court has rejected the death sentence appeal for Canadian. The Hang Seng managed to squeeze out some small gains thanks to a positive lead in the tech sector from the Nasdaq. Indices in Australia and New Zealand also gained, while South Korea and Taiwanese markets fell. In the US futures are lower, markets will look ahead to the vote on the US infrastructure bill.

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