The Intelligence Layer Beyond Your Own Book

Overnight, the emphasis has been on Chinese stocks. They are underperforming as caution grows ahead of a key weekend briefing that may shed more light on Beijing’s fiscal stimulus.

Asian stock volatility continues, with the CSI 300 up 2.4% and the Hang Seng rising 3.7%, following the release of details on stimulus measures.

The aftermath of the NFP number continues. The US economy shows robust employment growth, meaning there won't be a 50 bp rate cut, and the soft-landing narrative might actually unfold. Overnight, Asian stocks advanced, boosted by optimism about the health of the US economy.