Free Trial

The Nikkei 225 came under pressure as the....>

STOCKS
STOCKS: The Nikkei 225 came under pressure as the JPY crosses were subjected to
some hedging flow which promoted some modest JPY strength, and reversed the
index's early gains, and more, as consumer staples provided the most weight on a
sectoral basis. Conversely the financial sector was the outperformer,
benefitting from the higher yield environment triggered by U.S. Tsys. The Index
last trades 0.7% lower.
- The Hang Seng felt the brunt of geopolitical tensions between the U.S. & China
in the South China Sea, with the Chinese mainland still observing a market
holiday, shedding 1.7%.
- Australia's ASX 200 bucked the regional trend, adding 0.5%, as the heavyweight
energy and materials sectors moved higher, alongside the financial sector.
- U.S. index futures continued to edge lower, following the late yield inspired
sell off on Wednesday
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.