Equity futures exhibited a largely mixed performance this morning, reflecting a subdued trading environment with a relatively quiet economic calendar for both today and the week ahead.
Market Overview
This morning, the Hang Seng index and the ASX 200 have been contending for top performance, buoyed by strength in real estate and technology sectors. However, most equity futures across EMEA and the U.S. are trading close to flat, indicating a lack of significant movement.
Major Decliners
The most notable decliners include the CN50 and the Nikkei indices, both of which have fallen over 1% as of the latest update. The Nikkei’s weakness is particularly attributed to the recent appreciation of the Japanese yen (JPY), which has exerted downward pressure on the index.
Outlook
With a relatively uneventful economic calendar this week, market participants should brace for continued muted price action and minimal volatility.
