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CLOSING BELL
Asia
  • 🇭🇰 Hang Seng-0.29%
  • 🇨🇳 SSE Composite-1.23%

Hong Kong held most of its ground into the close while Shanghai dropped 1.23%, the widest split between the two in this session. Mainland selling is doing the heavy lifting, so watch whether Beijing's targeted fiscal support shows up before the next open.

MARKET OPEN
Europe
  • 🇬🇧 FTSE 100+0.03%
  • 🇩🇪 DAX+0.04%
  • 🇫🇷 CAC 40

London opened less than four points above yesterday's close, a standstill that leaves the index parked at record-area levels while traders wait for the next UK growth read. The DAX is showing the same hesitation, up 0.04%.

MARKET OPEN
Asia
  • 🇭🇰 Hang Seng-0.39%
  • 🇨🇳 SSE Composite

Hong Kong gave back 0.39% at the open, a soft start for a market absorbing a heavy pipeline of China AI listings. Mainland money is still buying the dips, with southbound flows net positive on Tencent.

MARKET OPEN
Nikkei 225🇯🇵 JPX
+0.72%
417.4

Tokyo opened 0.72% above the prior close, and with the Bank of Japan tilting toward faster hikes, the yen is now the variable that decides whether exporters keep this bid. Keep an eye on the next policy signal.

DATA RELEASE
2-Year Treasury Yield
4.71%
-5 bp

The first real crack in a months-long climb: the 2-year yield, the market's cleanest read on the Fed's next moves, slipped 5 basis points to 4.71%. Money market payouts, mortgage pricing, and bank stocks all key off this number.

Source: FRED · DGS2