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JGB TECHS

(M2) Correction Extends

US STOCKS

Late Session Rebound

AUSSIE 10-YEAR TECHS

(M2) Corrective Cycle Remains In Play

AUSSIE 3-YEAR TECHS

(M2) Gains Still Considered Corrective

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STOCKS
STOCKS: Spill over from Wall St., an intensification of Sino-U.S. sabre
rattling/worry re: Trump lashing out against China's COVID-19 methods/disclosure
and the impact of Apple/Amazon earnings weighed on equities during the final
Asia-Pac session of the week, with liquidity hampered by widespread holidays in
the region (which will also hold true in European hours).
- Japanese markets were also subjected to ongoing lower liquidity, in the run up
to the Golden Week holidays, with participants on the lookout for details/a firm
decision re: the extension of the state of emergency, as senior government
personnel meet with an expert panel to discuss the matter.
- Nikkei 225 -2.5%, ASX 200 -3.5%.
- S&P 500 futures -42, DJIA futures -301, NASDAQ 100 futures -176.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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