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Flat To A Touch Higher In Asia

EQUITIES

The major Asia-Pac equity indices inched higher on Wednesday, with a sense of stability seemingly in the air. A reminder that Chinese tech names struggled during Tuesday's session in the wake of the latest regulatory crackdown in Beijing.

  • U.S. e-mini futures recovered from worst levels of overnight trade to sit a touch above settlement levels into European hours, with broader macro headline flow limited. This comes after the major Wall St. benchmarks lost ground on Tuesday (on the back of well-defined/discussed risks and softer than expected U.S. retail sales data), although they managed to recover from worst levels into the close.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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