Asian Market Update 5th Feb 2019

Much of the Asian Market was closed for the annual Lunar New Year holiday. Ten year Treasury yields are at 2.716% – down -0.7bp. Nikkei and Topix closed at -0.19 and +0.10 respectively. The Nifty 50 up 0.10%. The ASX 200 rallied by almost 2%.

  • Panasonic Corp earnings were disappointing
  • Kao Corp indicated stronger sales forecasts
  • Financial Services Sector surged by almost 4.5% after misconduct enquiry report was less damaging than feared.

US Futures slightly lower. WTI Future front end 54.81USD per barrel.


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