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Japan Laggard On Lockdown Concerns

EQUITIES

Markets are mixed in Asia once again, US markets inched higher to another record, buoyed by a dovish set of Fed minutes, indices closed slightly higher, though the Nasdaq was marginally lower. In Asia markets in Japan are the laggards, nursing losses on reports the government is considering tighter COVID-19 restrictions for Tokyo and other areas. Markets in China and Hong Kong are higher, though struggling to make significant gains. Markets in Australia have outperformed, supported by financials post-RBA earlier this week. US futures are mixed, Dow Jones and S&P futures in minor positive territory, while Nasdaq futures are a shade lower.

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