Back to Daily DR Market Summary

StreetAccount Summary - Asian Market Preview: Nikkei Futures +0.77%, Hang Seng Futures +0.00%, ASX SPI 200 +0.60%, S&P Futures +0.04%

Jun 26 ,2025

  • Synopsis:

    • Asian markets set for positive start to Friday trade. Futures signaling opening gains in Japan and Australia, and unchanged start in Hong Kong. S&P 500 futures flat after index neared record high. Australian yield curve bear steeping after Treasuries firmed overnight. FX markets steady after dollar index fell to three-year low. Crude little changed following choppy Thursday session. Gold backing off slightly from earlier highs. Bitcoin continues to fluctuate.

    • White House announced trade deal struck with China on Wednesday, though details lacking. Commerce Lutnick said only Beijing would deliver rare earths curbs and US would remove countermeasures. US to continue negotiations with Japan and India this week though obstacles remain with Japan's Akazawa reiterating won't accept 25% tariffs and India not budging on accepting genetically modified crops. At same time White House also signaled flexibility on 9-July deadline.

    • Tokyo core inflation fell by more than expected in June with headline rate also weaker. Follows hawkish remarks from BOJ board member Tamura this week touting prospect inflation target being achieved earlier than expected and that central bank will be in position to adjust policy in a timely and appropriate manner. At same time BOJ June Summary of Opinions showed board preference for keeping rates steady amid elevated uncertainties. OIS also pricing in just 30% chance of rate hike by October.

  • Pre-open Company News:

    • 3481.TT -- Innolux to acquire Pioneer Corp for ¥163.6B (NT$33.7B) from Windcrest

    • Imabari Shipbuilding to buy combined 30% stake in Japan Marine United from JFE Holdings, IHI; terms undisclosed

    • 2380.HK -- China Power International Development reports May total electricity sold 10.3M MWh vs year-ago 11.4M MWh

    • JLHL -- Julong Holding 1.3M-share IPO priced at $4/share through US Tiger Securities

    • 1911.HK -- China Renaissance to invest $100M (CNY717.7M) to develop Web3.0 business, invest in cryptocurrency assets over next two years

    • VAR.NO -- Vår Energi and its partners submit PDO for the Fram Sør project in the North Sea

    • DHLU.SP -- Insider Transaction: Daiwa House Logistics Trust CEO Yamamura Jun discloses purchase of 30K shares

    • 1177.HK -- NMPA includes Sino Biopharma's LM-108 in breakthrough therapy designation for treatment of adenocarcinoma

    • 9698.HK -- GDS Holdings obtains regulatory approval for C-REIT IPO on SSE at CNY1.93B valuation

    • 000963.CH -- NMPA approves trial of Huadong Medicine's HDM2020 for advanced solid tumors

    • 1382.HK -- Pacific Textiles Holdings reports FY net income attributable HK$167.6M vs year-ago HK$167.1M

    • 3231.TT -- Wistron upgraded to Buy from Trading buy at IBF Securities

    • 6674.JP -- GS Yuasa initiated outperform at Tokai Tokyo

  • On Deck:

    • Hong Kong:

      • Earnings:

        • Luk Fook Holdings (International) (590.HK), Hao Tian International Construction Investment Group (1341.HK), China Gas Holdings (384.HK), L.K. Technology Holdings (558.HK), Productive Technologies Co. (650.HK), Arrail Group (6639.HK), China Water Affairs Group (855.HK)

    • Japan:

      • Earnings:

        • DCM Holdings (3050.JP), Oracle Corp Japan (4716.JP)

    • Australia:

      • Earnings:

        • Reece (REH.AU)

  • Market Data:

    • Gold (Aug 25): ($13.10) or (0.39%) to $3334.90

    • WTI Crude (Aug 25): +$0.17 or +0.26% to $65.41

    • $-¥: (0.77) or (0.53%) to 144.4830

    • $-KRW: (2.29) or (0.17%) to 1356.9600

    • A$-$: +0.00 or +0.55% to 0.6545

    • $-INR: (0.31) or (0.36%) to 85.6732

    • $-CNY: (0.01) or (0.14%) to 7.1666

  • 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