Asia Stocks Set for Mixed Open After US Holiday: Markets Wrap

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Asian shares fell along with US equity futures as traders shrugged off a reduction in China’s mortgage reference rate to seek fresh buying catalysts.

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2 Million Debt Payments as Sanctions BiteChina’s Hainan Cuts Down Payment for First-Home BuyersAdler Chair Exits as Embattled German Landlord’s Revamp TottersSwedish Core Inflation Slows, Backing Riksbank Easing CaseKorean Banks Face $749 Million of Losses in Overseas PropertiesHSBC CEO Noel Quinn Braces for Tough Times After a Strong 2023Singapore Sees ‘Challenging’ Trade Climate Regardless of TrumpBritain’s Lettings Supply Jumps, Easing Pace of Rent HikesMessi Says HK No-Show Wasn’t...

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China to Rally on Reopen; Other Stocks Seen Mixed: Markets WrapAsian shares traded flat as earlier optimism that was triggered by positive Chinese holiday data dissipated.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

US Bonds Rebound; China Bets Bolster Asia Stocks: Markets WrapUS bonds rebounded before a record $42 billion sale of 10-year Treasuries after a solid start to this week’s ramped-up issuance sizes. Stocks in Hong Kong were set to rally a second day on bets China will be more forceful to prop up markets.
Source: BNNBloomberg - 🏆 83. / 50 Read more »