The Japanese indices seem to start trading with a downgrade after Thanksgiving in the country and Sell off of Chinese stocks on Thursday. On the other hand, the yen is on the rise and this will be an additional burden on Japanese stocks. In China, we expect investors to be more conservative considering yesterday's 1% drop in the core index, Hang Seng. Experts believe that if sales continue, it is likely that the uncertainty of Chinese markets will spread globally, leading to a deeper adjustment.
Here are the specific changes to Asian futures:
- Nikkei 225: -0.5%
- ASX200: -0.1%
- Hang Seng: -0.2%
Source: Bloomberg Pro Terminal
Jr Trader Petar Milanov
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