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StreetAccount Summary - Asian Market Preview: Nikkei Futures (1.41%), Hang Seng Futures (0.22%), ASX SPI 200 (0.17%), S&P Futures (0.21%)

Jul 16 ,2026

  • Synopsis:

    • Asian markets set for negative start to Friday trade. Futures signaling opening steep opening decline in South Korea. Japan also tracking for negative start. Australia and Hong Kong set for cautious opens. S&P 500 futures down slightly afterhours. Australian bond yields up 1-2 bp after Treasuries ended little changed Thursday. Crude rebounding from overnight lows while gold and silver adding to declines. FX markets steady with yen continuing to consolidate while Korean won rose to two-month high. Bitcoin retreating further.

    • Momentum selloff continued into offshore session with SOX down another 4%. As with ASML's positively received earnings, market looked past TSMC's (2330.TT) beat and raise amid already elevated expectations while costs and capex also came under some scrutiny. Technical/mechanical dynamics have been a focus, particularly leveraged ETFs and their role in magnifying South Korean market volatility. Kospi sold off Thursday before regulators announced measures to rein in volatility, including ban on new ETF listings until market stabilizes.

  • Pre-open Company News:

    • 1836.HK -- Stella International Holdings reports Q2 revenue $449.3M vs year-ago $444.0M

    • 2696.HK -- Shanghai Henlius Biotech doses first patient for phase I clinical trial study of HLX18 in Chinese Mainland

    • 179.HK -- Johnson Electric Holdings reports Q1 revenue $936M vs year-ago $915M

    • 6239.TT -- Powertech Technology to invest $400M (NT$12.89B) to form panel-level advanced packaging JV with Broadcom in Singapore

    • 500103.IN -- Bharat Heavy Electricals reports Q1 standalone net profit INR3.82B vs year-ago (INR4.55B)

    • 601108.CH -- Caitong Securities CFO Ying Zhou resigns due to work adjustments, effective immediately

    • 300604.CH -- Hangzhou Chang Chuan Technology initiated hold at TF Securities (timing uncertain)

    • 819.HK -- Tianneng Power International downgraded to overweight from buy at TF Securities (timing uncertain)

    • UBS initiates BGRIM.TB, GPSC.TB

    • 6968.HK -- Ganglong China Property Group provides update on resolving disclaimer of opinion

    • 532215.IN -- StreetAccount Consensus Metrics Preview - Axis Bank Q1 Earnings

    • 2039.HK -- China International Marine Containers (Group) to conduct up to HK$172.7M on-market H-share buyback using repurchase mandate

    • 688795.CH -- Moore Threads Technology guides H1 revenue CNY1.65-1.75B vs year-ago CNY701.8M

    • 4507.JP -- FDA accepts Shionogi's supplemental application to expand Fetroja use to pediatric patients

  • On Deck:

    • China:

      • Economic:

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

    • Japan:

      • Earnings:

        • Tokyo Steel Manufacturing (5423.JP)

    • India:

      • Earnings:

        • JSW Steel (500228.IN), Central Bank of India (532885.IN), RBL Bank (540065.IN), Reliance Industries (500325.IN), Oberoi Realty (533273.IN)

    • Malaysia:

      • Economic:

        • 00:00 EST: CPI NSA Y/Y; consensus +2%

        • 00:00 EST: GDP NSA Y/Y (Preliminary); consensus +5.9%

    • Thailand:

      • Earnings:

        • KrungThai Card Public (KTC.TB)

  • Market Data:

    • Gold (Aug 26): ($10.50) or (0.26%) to $3981.60

    • WTI Crude (Aug 26): +$0.64 or +0.81% to $79.59

    • $-¥: +0.13 or +0.08% to 162.3220

    • $-KRW: (7.20) or (0.48%) to 1478.5400

    • A$-$: (0.00) or (0.07%) to 0.6998

    • $-INR: +0.09 or +0.09% to 96.3368

    • $-CNY: +0.00 or +0.05% to 6.7722

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.
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