China, Hong Kong stocks lift Asian equities; growth worries loom

fell to near a one-month low. E-mini futures for the S&P 500 fell 0.13%, while Eurostoxx 50 futures was down 0.20%, German DAX futures fell 0.18% and FTSE futures 0.17% lower.

"The thing that stands out is what's going on U.S. Treasury market, there does not seem to be a lot behind the moves, and I think that's what driving most of the rest of the market," said Rob Carnell, head of ING's Asia-Pacific research. The Bank of Canada on Wednesday hinted that its historic tightening campaign was near an end as it raised benchmark overnight interest rates by 50 basis points to 4.25%, the highest level in almost 15 years.

The yield on 10-year Treasury notes was up 5.4 basis points to 3.462%, while yield on the 30-year Treasury bond was up 3.6 basis points to 3.450%.

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Asia stocks edge up despite global growth worriesAsian equities edged higher on Thursday, propped up by Hong Kong and China stocks even as growing fears of an economic slowdown and worries over the pace of the Federal Reserve's interest rate hikes weighed on sentiment.
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