- Home
- >
- Fundamental Analysis
- >
- Mixed open seen for Asia as markets await trio of risks on Thursday
Mixed open seen for Asia as markets await trio of risks on Thursday
Rating:
Loading...Asia looked set for a mixed open on Wednesday as markets cautiously awaited trio of potential major risk events on Thursday, including the U.K. election, a European Central bank review and former FBI Director James Comey's testimony to the Senate stateside.
In the U.K., Prime Minister Theresa May's Conservative Party is expected to prevail on Thursday's election, with a poll early this morning showing the party could win a larger majority than earlier projected. Another poll conducted in May reflected the Conservatives could lose their parliamentary majority.
Meanwhile, Comey is set to testify on Thursday U.S. time before the Senate Intelligence Committee over whether U.S. President Donald Trump tried to intervene in a probe into former national security advisor Michael Flynn.
The ECB will also conduct its latest monetary review on Thursday with investors looking for a more upbeat tone on the euro zone economy.
In Asia, Japanese stocks look poised to edged lower at the open, with Nikkei futures trading lower by 0.25 percent in Chicago at 19,930 and Osaka futures down 0.2 percent at 19,940. Both were lower compared to the Nikkei 225's last close of 19,979.90.
Australian SPI futures were higher by 0.26 percent at 5,682 against the S&P/ASX 200's Tuesday close of 5,667.474.
On the economic calendar today are Australia Q1 GDP due at 04:30 local time.
Source: Bloomberg Pro Terminal
Jr Trader Alexander Kumanov
Varchev Traders Read more:
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
