Oct 05 ,2026
Synopsis:
Asian markets set for positive start to Tuesday trade. Futures signaling opening gains in Hong Kong and South Korea, muted start in Japan. Mild initial gain in Australia. Mainland China remains offline for National Day holiday. S&P 500 futures flat afterhours. Australian bonds weakening after Treasury yields extended their run higher. FX markets steady after dollar index edged higher. Crude fluctuating. Gold and silver little changed. Bitcoin hovering near late January highs.
Bond yield backup continued in offshore session with Treasury 10Y and 30Y yields touching fresh 24-year highs following latest ISM services index that signaled intensification of pricing pressures. Elsewhere, Japan yields declined Monday ahead of PM Takaichi's Diet address on Monday, where she emphasized pursuit of responsible and proactive fiscal policy. However, takeaways viewed her speech as offering little evidence of a fundamental change in policy.
AI trade mixed overnight with big tech driving Nasdaq to record high while semis ended mixed with SOX little changed. The Information reported MSFT, META cutting back on Anthropic Claude spend. Elon Musk confirmed preliminary talks over a potential role for TSM in Terafab's Texas chip project, weighing on INTC. Hon Hai Precision quarterly revenue topped forecasts, reinforcing strong AI-related demand for cloud and networking products.
Pre-open Company News:
Germany Sep new passenger car registrations 256,774, +9.0% y/y - VDIK/KBA
2695.JP -- Kura Sushi reports preliminary September same-store sales +11.1% y/y
603127.CH -- JOINN Laboratories downgraded to underweight from equal-weight at Morgan Stanley
3097.JP -- The Monogatari reports unauthorized access to Yakiniku King app, information of 10.8M users have been leaked
StreetAccount Macro Headlines:
7272.JP -- Yamaha Motor upgraded to B+ from B at Mito Securities
CAPR -- Capricor Therapeutics presents HOPE-3 OLE data on upper limb function in DMD at 2026 World Muscle Society Congress
2871.JP -- Nichirei releases Integrated Report 2026
539437.IN -- IDFC First Bank reports provisional loans and advances as at 30-Sep INR3.139T, +5.4% q/q
532424.IN -- Godrej Consumer Products Q2 update: guides consolidated high-teens revenue growth and double-digit EBITDA growth
9627.JP -- Ain Holdings downgraded to neutral from buy at Marusan Securities
6305.JP -- Hitachi Construction Machinery upgraded to buy from neutral at Citi
532321.IN -- Zydus Lifesciences announces launch of Riociguat Tablets in US
+DODC -- DayOne Data Centers Ltd. files for Nasdaq IPO of indeterminate size - F-1
4612.JP -- Transcript Intelligence: Nippon Paint Holdings Business Update Call
On Deck:
Japan:
Earnings:
DISCO Corp. (6146.JP), Sakata Seed (1377.JP), SAN-A CO. (2659.JP), PAL GROUP Holdings (2726.JP)
India:
Earnings:
Rentomojo Ltd. (RENTOMOJO.IN)
Malaysia:
Earnings:
Top Glove Corp. (7113.MK)
Philippines:
Economic:
09:00 SST: CPI Y/Y; consensus +6.8%
Market Data:
Gold (Dec 26): +$9.80 or +0.24% to $4166.60
WTI Crude (Nov 26): ($0.25) or (0.28%) to $89.18
$-¥: +0.05 or +0.03% to 157.8880
$-KRW: (2.13) or (0.16%) to 1341.3000
A$-$: +0.00 or +0.27% to 0.6970
$-INR: +0.22 or +0.23% to 96.3428
$-CNY: (0.00) or (0.02%) to 6.7037
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