Free Trial
BOBL TECHS

(Z2) Resistance At The 50-Day EMA Intact - For Now

BUND TECHS

(Z2) Fresh Trend Highs

SNAPSHOT

Fed Minutes Reverberate Around Asia

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Mostly Higher On FOMC Mins, Although Chinese Indices Give Back Early Gains

EQUITIES

The slightly dovish feel to the minutes covering the latest FOMC meeting, coupled with a softer USD, as well as realised and swirling expectations for further Chinese policy support, allowed the majority of the major Asia-Pac equity indices to tick higher on Thursday.

  • The Nikkei 225 outperformed its regional peers after the mid-week Japanese holiday, adding just over 1.00% as we head into the close, although a firmer JPY likely capped the strength in Japanese equities.
  • The CSI 300 gave back its modest, early gains with a fresh round of localised COVID restrictions in China weighing. Still, the property sector outperformed on signs of the latest step up in policy support for the sector.
  • E-minis nudged ~0.2% higher against this backdrop.
121 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

The slightly dovish feel to the minutes covering the latest FOMC meeting, coupled with a softer USD, as well as realised and swirling expectations for further Chinese policy support, allowed the majority of the major Asia-Pac equity indices to tick higher on Thursday.

  • The Nikkei 225 outperformed its regional peers after the mid-week Japanese holiday, adding just over 1.00% as we head into the close, although a firmer JPY likely capped the strength in Japanese equities.
  • The CSI 300 gave back its modest, early gains with a fresh round of localised COVID restrictions in China weighing. Still, the property sector outperformed on signs of the latest step up in policy support for the sector.
  • E-minis nudged ~0.2% higher against this backdrop.