Free Trial

Rebound After Last Week's Sell Off

EQUITIES

A positive day for equity markets in the Asia-Pac region, rebounding after last week's sell off. Markets in mainland China are up just shy of 2% heading into the European open, while bourses in Hong Kong, Japan and South Korea have seen similar gains. Bourses in Australia and New Zealand have seen more muted moves amid concern over the local COVID dynamic. In South Korea markets are higher after robust export data for the first 20 days of August. Risk assets rebounded with commodities also benefitting. Markets look ahead to European flash PMI today while broader focus for the week will fall on the Fed's annual Jackson Hole Economic Symposium, with commentary from FOMC Chair Powell on Friday headlining that (now virtual) event.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.