Asian markets better this morning with the exception of Hong Kong. The Bank of Japan begin their 2 day policy meeting today, whilst the Bank of Korea are due to announce their repo rates tomorrow. Sharp jumped over 6% on reports that Hon Hai Precision Industry remain committed to a partnership, Chimei Innolux rose 7% after the display maker reported a smaller than expected loss, and Cathay Pacific fell 5% after reporting an unexpected loss. Worth noting that China release CPI and Industrial production data tomorrow.

 

Posted by Philip Ball | Sales and Trading