[MARKET UPDATE] Asia-Pac stocks are positive but with some of the gains capped after the weak US lead and with the NFP report on the horizon, while participants also digest earnings in thinned conditions with Japanese markets shut for a holiday
The positive sentiment in Asia-Pacific stocks today has been somewhat tempered by the underwhelming performance in the US, along with the anticipation surrounding the upcoming Non-Farm Payroll (NFP) report.
PBoC is expected to set USD/CNY mid-point at 6.9109 (prev. 6.9458)
Samsung Electronics (005930 KS) Chief Technology Officer says strong memory chip demand seen this year and extending into next year
[MARKET UPDATE] Asia-Pac stocks are positive but with some of the gains capped after the weak US lead and with the NFP report on the horizon, while participants also digest earnings in thinned conditions with Japanese markets shut for a holiday
South Korean February 1st-10th Exports rose 44.4% Y/Y, Imports rose 21.1% Y/Y and Trade Balance is at a provisional surplus of USD 0.64bln
Australia sells AUD 700mln 3.75% April 2037 bonds, b/c 4.14, avg. yield 4.8342%
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Market conditions are thinned due to Japan's holiday, suggesting that any significant moves might be limited as participants digest recent earnings and position themselves ahead of the data release.
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