Mostly Bid In Asia

Regional equity indices & U.S. e-mini futures have mostly traded higher, as the impact of reduced worry re: the mortality threat posed by omicron and the combination of realised/potential for further policy easing in China continues to filter through into markets. A positive lead from Wall St. also helped set the tone for Asia-Pac trade, with the Nikkei 225, CSI 300 & ASX 200 all adding over 1%. The exception to the broader rule was the Hang Seng, which logged incremental losses as reports pointed to the impending tightening of restrictions when it comes to offshore financing for new Chinese tech firms (note that this isn’t a new concept). U.S. e-mini futures added 0.2-0.4%.