Asia Market Update: Nikkei and Nasdaq FUTs weighed down by earnings [META, IBM, Hynix, Fanuc, Canon, Panasonic, UMC]; BOJ decision due on Fri, Apr Tokyo CPI also due.
General trend
-Yen weakness remains in focus.
-Asian equity markets trade mixed.
Headlines/economic data
Australia/New Zealand
-ASX 200 closed for holiday.
China/Hong Kong
– Hang Seng opens -0.3% at 17,144.
-Shanghai Composite opens -0.2% at 3,037.
-US Sec of State Blinken: Obliged to manage US and China relationship responsibly; raised concerns about China trade policies in meeting; Also raised concerns about China’s non-market economic practices.[**Reminder Apr 23rd (CN) US SAID TO BE DRAFTING SANCTIONS THAT THREATEN TO ‘CUT SOME CHINA BANKS OFF FROM THE GLOBAL FINANCIAL SYSTEM’ FOR HELPING RUSSIA’S WAR EFFORT – WSJ [**Reminder Apr 22nd (CN) China Foreign Ministry: Confirms US Sec of State Blinken to visit China on Apr 24-26th].
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