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BRL Hedging Volumes Surge Post-BCB

EQUITIES

Stocks Mixed as Bluechips Gain, Tech Lags

EQUITIES

Stocks Testing Wednesday High

STOCKS
STOCKS: The major Asia-Pacific equity indices breathed a sigh of relief after
the temporary trade Truce agreed by Trump & Xi over the weekend, with an extra
kicker coming in the form of the impromptu meeting between Trump & North Korean
leader Kim at the DMZ, which resulted in the re-opening of denuclearisation
talks with North Korea. The proof will be in the pudding re: both issues, with
the trade truce viewed as a bit of can kick by many.
- The tech space led the rally with Chinese indices outperforming, although
liquidity was limited by a market holiday in Hong Kong.
- Nikkei 225 +1.8%, Hang Seng closed, CSI 300 +2.6%, ASX 200 +0.5%.
- S&P 500 futures +25, DJIA futures +203, NASDAQ 100 futures +94.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com