Nikada
Japan (NKY:IND) +0.21%. Japan’s industrial output falls more than initially anticipated to 0.6% in February
The yen came under pressure even after the BOJ took the first step toward normalizing policy, as Japanese rates remained at ultra-low levels, encouraging carry trades.
China (SHCOMP) +0.05%. Traders were increasingly nervous ahead of trade data in China later today.
On Thursday, Chinese stocks gained as data showed that softer-than-expected domestic inflation data bolstered bets on further policy easing.
Hong Kong (HSI) -1.80%.
India (SENSEX) -0.35%.
Australia (AS51) -0.33%.
In the U.S. on Thursday, all three major indexes rebounded following a nearly 1% decline the previous day, with tech stocks leading the gains.
U.S. stock futures held steady on Friday as investors prepared for the unofficial start of the first quarter earnings season, with major banks set to release their latest quarterly results today: Dow +0.12%; S&P 500 +0.02%; Nasdaq +0.07%.
Meanwhile, financial firms slated to report earnings on Friday include JPMorgan Chase, Wells Fargo, Citigroup, Blackrock and State Street.
Currencies: (JPY:USD), (CNY:USD), (AUD:USD), (INR:USD), (HKD:USD), (NZD:USD).
More on Asia
- Japan’s industrial output falls more than initially anticipated to 0.6% in February
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China’s inflation rate rises at a slower pace than expected
