Back to Daily DR Market Summary

StreetAccount Summary - Asian Market Preview: Nikkei Futures +0.08%, Hang Seng Futures (0.58%), ASX SPI 200 (0.43%), S&P Futures (0.05%)

Jun 25 ,2025

  • Synopsis:

    • Asian markets set for mixed start to Thursday trade. Futures signaling small opening gain in Japan, and negative starts in Hong Kong and Australia. S&P 500 futures flat afterhours. Australian bonds little changed after Treasuries firmed overnight. Dollar extending declines against majors. Crude steady following preceding 13% drawdown. Gold adding to earlier gains. Bitcoin easing from earlier highs.

    • Not much in way of leads following listless offshore session. Geopolitical tensions fading to the background with Iran-Israel ceasefire holding and focus shifting back to diplomacy. Market attention pivoting back to trade deal negotiations ahead of 9-Jul reciprocal tariff deadline, dovish-leaning Fed commentary (and fall in yields and dollar), and US reconciliation legislation. Across Asia there was some focus on hawkish remarks from BOJ's Tamura coming ahead of Tokyo CPI data on Friday.

    • Fed Chair Powell concluded second day of testimony, reiterating that tariff inflation impacts uncertain though also nodded to potential for trade deals to provide scope for rate cuts . Follows recent dovish-leaning comments from Fed officials Bowman and Waller, coupled with negative US macro surprise momentum, that have contributed to pullback in Treasury yields. Markets continue to price in two Fed rate cuts by year-end with first occurring in September.

    • In trade developments, Fox News sources noted Trump administration close to announcing deals with Japan, South Korea and Vietnam. Considered somewhat surprising following spate of reports highlighting difficulties in talks with these countries. Talks with India also hit roadblock amid tensions over Pakistan conflict. Meanwhile, media sources noted White House has tweaked controls on ethane exports to China in sign it is preparing to lift restrictions. Follows separate reports China increasing efforts on fentanyl in show of goodwill.

  • Pre-open Company News:

    • 096770.KS -- SK Innovation to issue KRW376.74B exchangeable bonds due 31-Dec-2026

    • 298020.KS -- Hyosung TNC releases sustainability report

    • 272210.KS -- Hanwha Systems releases sustainability report

    • 2267.JP -- Yakult Honsha reports May domestic sales volume of Yakult series (10.2%) y/y

    • 532508.IN -- Jindal Stainless CEO Tarun Khulbe to take on additional responsibility of CFO, effective today

    • 66.HK -- MTR Corp. CEO Jacob Kam to step down when term ends on 31-Dec

    • 6110.HK -- Topsports International Holdings reports Q1 total retail and wholesale sales down by mid-single-digit y/y

    • 500116.IN -- IDBI Bank publishes Business Responsibility and Sustainability Report for FY2024-25

    • 489.HK -- Dongfeng Motor, Nissan Motor to set up 40:60 automotive export JV

    • 033780.KS -- KT&G Corp releases sustainability report

    • 2885.TT -- Yuanta Financial appoints Bobby Hwang as president, effective today

    • 2610.TT -- China Airlines plans to either acquire or lease 5 A350-900s; details TBC

  • On Deck:

    • China:

      • Economic:

        • 08:00 CST: Foreign Direct Investment Y/Y; consensus

    • Hong Kong:

      • Earnings:

        • Pacific Textiles Holdings (1382.HK), Kingkey Financial International (Holdings) (1468.HK), Alliance International Education Leasing Holdings (1563.HK), Bosideng International Holdings (3998.HK), Luk Fook Holdings (International) (590.HK)

    • Japan:

      • Earnings:

        • HEIWADO CO. (8276.JP)

    • Malaysia:

      • Earnings:

        • Top Glove Corp. (7113.MK)

  • Market Data:

    • Gold (Aug 25): +$7.40 or +0.22% to $3350.50

    • WTI Crude (Aug 25): +$0.25 or +0.39% to $65.17

    • $-¥: +0.03 or +0.02% to 144.9600

    • $-KRW: (3.82) or (0.28%) to 1355.2000

    • A$-$: +0.00 or +0.42% to 0.6522

    • $-INR: +0.13 or +0.15% to 86.0849

    • $-CNY: +0.00 or +0.06% to 7.1758

  • If you would like to receive the Asian Market Preview daily, please search for Asia Pre-Market Updates in Alert Manager.

This information and data is provided for general informational purposes only. The Bank of New York Mellon and our information suppliers do not warrant or guarantee the accuracy, timeliness or completeness of this information or data. We provide no advice nor recommendation or endorsement with respect to any company or securities. We do not undertake any obligation to update or amend this information or data. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities.
Please refer to "Terms Of Use".

DEPOSITARY RECEIPTS:
NOT FDIC, STATE OR FEDERAL AGENCY INSURED
MAY LOSE VALUE
NO BANK, STATE OR FEDERAL AGENCY GUARANTEE