Jul 05 ,2026
Synopsis:
Asian markets set for mixed start to Monday trade. Futures signaling opening declines in Japan, Hong Kong and Australia, and modest initial gains in South Korea. S&P 500 futures remain higher as US markets resume trade Monday following Independence Day long weekend. Australian bonds little changed. Crude easing with Middle East supply on the rise. Gold and silver sharply higher. FX markets steady with dollar index near mid-June lows. Bitcoin back to two-week high.
Focus turns to Asia tech earnings with Samsung Electronics (005930.KS) reporting Tuesday. Group expected to deliver another massive increase in operating profit accompanied by bullish commentary on outlook for memory, though previews have flagged risk to earnings depending on size of employee compensation payout. SK Hynix (000660.KS) US ADRs set to begin trading on 10-Jul with $29B listing, a move seen broadening foreign access and institutional ownership, and narrowing valuation gap with peers like Micron.
Quieter week ahead on economic front. RBNZ (Wed) expected to hike OCR by 25 bp with tightening bets having faded alongside sharp fall in fuel prices. China inflation (Thurs) expected to show further growth in factory-gate inflation due to surge in raw material costs. Japan household spending and wage data (Tues), Taiwan exports (Thurs) and Japan PPI (Fri) among handful of other data points. Japan 30Y bond auction (Tues) comes as 30Y yield nears highest levels since late May.
Pre-open Company News:
2317.TT -- Hon Hai Precision Industry reports June revenue NT$821.76B, +52.1% y/y
1579.HK -- Yihai International Holding upgraded to buy from hold at Jefferies
2076.HK -- Kanzhun H-share listing initiated overweight at JPMorgan
601872.CH -- China Merchants Energy Shipping guides H1 net income attributable CNY6.60-7.30B, +214-248% y/y
532648.IN -- YES BANK reports 30-Jun provisional loans and advances INR2.853T, +4.3% q/q
600521.CH -- Zhejiang Huahai Pharmaceutical guides H1 net income attributable CNY756.5-798.5M, +85-95% y/y
002532.CH -- Tianshan Aluminum Group guides H1 net income attributable CNY4.20B, +101.5% y/y
544252.IN -- Bajaj Housing Finance publishes Business Responsibility and Sustainability Report for FY2026
2500.HK -- Venus Medtech (Hangzhou) reports lapse of the subscription agreement in relation to the proposed issue of convertible bonds
688337.CH -- Rigol Technologies guides H1 net income attributable CNY34.6-42.6M, +113.3-162.8% y/y
512599.IN -- Adani Enterprises to invest INR25B in missile manufacturing ecosystem in Madhya Pradesh
533206.IN -- SJVN Ltd commissions and inaugurates 1,000 MW Bikaner solar project
000301.CH -- Jiangsu Eastern Shenghong guides H1 net income attributable CNY4.20-5.00B, +987-1195% y/y
601211.CH -- Guotai Haitong Securities president Li Junjie resigns due to job arrangement, effective 5-Jul
3355.HK -- FS.COM to acquire Shanghai Baud Data Communication for CNY330M
On Deck:
Japan:
Earnings:
United Super Markets Holdings (3222.JP), DISCO Corp. (6146.JP), Tosei Corp (8923.JP)
Thailand:
Economic:
07:00 SAST: CPI NSA Y/Y; consensus
Market Data:
Gold (Aug 26): +$84.90 or +2.06% to $4210.60
WTI Crude (Aug 26): ($0.41) or (0.60%) to $68.28
$-¥: +0.36 or +0.22% to 161.4710
$-KRW: (12.04) or (0.78%) to 1528.0800
A$-$: +0.00 or +0.28% to 0.6938
$-INR: (0.29) or (0.31%) to 95.2148
$-CNY: (0.00) or (0.00%) to 6.7880
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