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Back to Daily DR Market Summary

StreetAccount Summary - Asian Market Preview: Nikkei Futures (0.09%), Hang Seng Futures (0.02%), ASX SPI 200 (0.67%), S&P Futures (0.01%)

Sep 14 ,2025

  • Synopsis:

    • Asian markets set for negative start to Monday trade. Futures signaling opening declines in Australia, and muted start in Hong Kong. Japan closed for public holiday. S&P 500 futures flat after US indexes notched another positive week. Australian yield curve bear steepening following Treasury weakness on Friday. FX markets steady Crude flat while gold trading just below record high. Bitcoin pulling back from three-week high.

    • Senior US and Chinese officials met in Madrid on Sunday to discuss economy, trade and TikTok. Talks to continue to Monday with Trump sounding positive and sources noting he is expected to extend TikTok ban or sale deadline. However, FT sources noted persistent divisions on issues such fentanyl with China conditioning further action on relief from 20% tariffs. Meanwhile China launched anti-discrimination probe in US chips, days after US put more Chinese firms on an entity list. Divisions seen reducing likelihood of Trump-Xi summit in Beijing.

    • China activity data forecast to show economic weakness persisted in August with industrial production, fixed asset investment and retail sales growth little changed from prior month. Housing metrics expected to show property investment declines deepened. August data tracking softer with official manufacturing PMI in contraction, deflation persisting and credit growth slowing further. While soft run of data has kept up calls for additional support, authorities seen resisting looser policy as surging stockmarket adds to caution around easy financial conditions.

  • Pre-open Company News:

    • 544028.IN -- Tata Technologies subsidiary signs definitive agreement to acquire 100% equity shares in ES-Tec Group from MW Beteiligungs GmbHfor for up to €75M (13-Sep)

    • 532754.IN -- GMR Airports reports August total passenger traffic 9.3M, (3.5%) y/y

    • 6169.HK -- China YuHua Education responds to rumours and unusual price movement; has received approval for private school

    • 544283.IN -- ACME Solar Holdings, AK Renewable Infra Private mutually agree not to proceed with acquisition; no reason given

    • 1250.HK -- Heze SH Energy enters into EPC Contract with joint contractors (namely China Energy Engineering No. 2 Construction Co and Zhengchen Technology)

    • 002241.CH -- GoerTek upgraded to buy from underperform at BofA

    • 526299.IN -- Mphasis initiated buy at UBS

    • 540005.IN -- LTIMindtree initiated neutral at UBS

    • 533179.IN -- Persistent Systems initiated buy at UBS

    • 7113.MK -- Top Glove Corp. downgraded to underperform from neutral at Macquarie

    • WHA.TB -- WHA Corp. Public downgraded to neutral from outperform at Macquarie

    • Thanachart Securities upgrades KBANK.TB; downgrades BBL.TB

    • 9992.HK -- Pop Mart International Group downgraded to neutral from overweight at JPMorgan

    • 3750.HK -- Contemporary Amperex Technology upgraded to overweight from neutral at JPMorgan

    • MER.PM -- Manila Electric upgraded to buy from neutral at BofA

  • On Deck:

    • China:

      • Economic:

        • 10:00 CST: Industrial Output NSA Y/Y; consensus +5.5%

        • 10:00 CST: Retail Sales NSA Y/Y; consensus +4%

  • Market Data:

    • Gold (Dec 25): ($9.90) or (0.27%) to $3676.50

    • WTI Crude (Oct 25): ($0.02) or (0.03%) to $62.67

    • $-¥: +0.03 or +0.02% to 147.6960

    • $-KRW: +0.66 or +0.05% to 1393.7000

    • A$-$: (0.00) or (0.03%) to 0.6646

    • $-INR: (0.00) or (0.00%) to 88.2773

    • $-CNY: (0.00) or (0.01%) to 7.1237

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".

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