Nikkei Futures Opening Update as on 09 May 2018

The Nikkei 225 Future is trading at 22,430.00 up with +0.04% percent or  +10.00 point .The NSE Nifty Future is trading at 10,774.00 up with +0.36% percent or +38.95 point.  The Hang Seng Future is trading at 30,397.00 with a loss of -0.07% percent or -10.00  point.

TODAY’S FACTORS AND EVENTS

Asia-Pacific stocks ended little changed Wednesday, mirroring U.S. benchmarks overnight, as investors assess the implications of President Donald Trump walked away from the Iran nuclear deal.

But oil prices CLM8, +2.71%  powered higher, completely reversing what was as much as a 4% drop ahead of Trump’s announcement.

Oil futures rose more than 2% by midday Wednesday in Asia, helped by a U.S. industry group disclosing larger than expected inventory declines last week for oil and petroleum products.

Havens saw some weakness, as the yen, gold and Treasury prices posted modest declines. The 10-year Treasury yield TMUBMUSD10Y, +0.70%  was recently at 2.99%, versus 2.968% late Tuesday in New York.

PREVIOUS DAY ACTIVITY

   
For the day Nikkei 225 is trading at 22,408.88 with a loss of -0.44% percent or -99.81 point. the nifty closed at 10,741.70 up with +0.22% percent or +23.90 point. Hong Kong’s Hang Seng is trading at 30,536.14   up with +0.44% percent or +133.33 point. 

WORLD MARKETS

U.S. market were mixed on Thursday.For the day the Dow is trading at 24,360.21 up with +0.012% percent or +2.89 point. The S&P 500 is trading at 2,671.92 with a loss of  -0.027% percent or  -0.71 point. The Nasdaq Composite is trading at 7,266.90 up  with +0.023% percent or +1.69 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,586.39 up  with +0.47% percent or +7.44 point; the S&P 600 Small-Cap Index closed at 974.77  up with +0.86% percent or  +8.28 point; the S&P 400 Mid-Cap Index closed at 1,913.91 up with +0.31% percent or +5.99   point; the S&P 100 Index closed at 1,173.77  with a loss of -0.042% percent or -0.49 point; the Russell 3000 Index closed at 1,588.06 up with +0.039% percent or +0.62 point; the Russell 1000 Index closed at 1,483.14 up with +0.0026% percent or +0.038 point;