[MARKET UPDATE] Asia-Pac bourses open higher (ASX 200 +1.0%, Nikkei +1.2%, KOSPI +1.6%); US equity futures hold onto its mild losses; FX, WTI and Fixed Income trades in tight ranges
The positive opening in Asia-Pac bourses, with gains across major indices like the ASX 200, Nikkei, and KOSPI, indicates a resilient sentiment in regional markets.
[MARKET UPDATE] Nikkei 225 gains by over 4% as its returns from its extended holiday as Iran war optimism and tech gains support the index
Japan's Top FX Diplomat Mimura does not comment on FX intervention but says FX is being closely watched and are in daily contact with US authorities
[MARKET UPDATE] Asia-Pac bourses open higher (ASX 200 +1.0%, Nikkei +1.2%, KOSPI +1.6%); US equity futures hold onto its mild losses; FX, WTI and Fixed Income trades in tight ranges
The US and China are considering launching official discussions on AI when US President Trump visits China next week, WSJ reports citing sources
[CALENDAR ADDITION] US President Trump to meet with Brazilian President Lula at 11:00EDT/16:00BST on Thursday
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However, the US equity futures still reflecting mild losses suggest that caution may persist ahead of the next trading session, particularly in FX, WTI, and fixed income where trading remains in tight ranges. This divergence highlights a mixed outlook, with regional strength not fully translating to the US market just yet.
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