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AUSSIE 10-YEAR TECHS

(U1) Needle Points North

AUSSIE 3-YEAR TECHS

(U1) Holding Onto Gains

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A mixed finish to the week for equity markets in the Asia-Pac region. In Japan the Nikkei 225 is modestly higher, the BoJ kept rates on hold as expected, while earlier in the session CPI beat estimates. In China the Shanghai Comp is lower, there were reports that Chinese apps could face subpoenas, or even bans, under a Biden executive order aimed at protecting private information. Markets in South Korea and Taiwan are just managing to keep their heads above water, buoyed by a positive lead from tech stocks on Wall Street. In the US futures are higher, the Nasdaq leading the way as tech stocks continue to outperform.