VERY quiet in the overnight despite Europe and US sell-off
Markets seem to be waiting for US CPI data tomorrow
China Mixed…Europe RED
- Hong Kong: Hang Seng closed down -2.12% !!
- China CSI 300 –0.86%
- Taiwan KOSPI -0.13%
- India Nifty 50 -0.03%
- Australia ASX +0.80%
- Japan Nikkei +0.27%
- All European bourses all in negative territory so far this morning
- US indices in negative territory, Nasdaq FLAT so far this morning in pre-market USD +0.10%
Overnight Data/News -not much data
- PBoC Sets Yuan Mid-Point At 6.9255 / Dlr VS Last Close 6.9155
- China April Dollar-Denominated Exports +8.5% Y/Y (Reuters Poll +8.0% Y/Y) -China April Dollar-Denominated Imports -7.9% Y/Y (Reuters Poll 0.0% Y/Y) – April Trade Balance $+90.21 Bln (Reuters Poll +$71.60 Bln)
- US NFIB Small Business Optimism Apr: 89.0 (est 89.7; prev 90.1)
- Japan Will End Yield Curve Control If Stable 2% Inflation Reached, BoJ’s Ueda Says – WSJ
- China’s Exports Rose In April In Boost To Economic Recovery – BBG
- SBB Halts Dividend Payment As Sweden Real Estate Concerns Deepen – Yahoo
- US Lenders Warned That Commercial Property Is ‘Next Shoe To Drop’ – FT
- Bank Of England Set To Raise Rates To Highest Level Since 2008 – FT
- China’s Speculative Stock Frenzy Spreads To Brokers And Media – BBG
- Glencore Plans Europe’s Biggest Electric Car Battery Recycling Plant – FT
- JPMorgan Strategists Call End Of Euro-Area Stocks’ Outperformance – BBG
- Federal Reserve warns of credit crunch risk after US bank turmoil
US DATA TODAY
