- Top laggard ProShares UltraShort MSCI Japan gave up 76.23 cents, or 5.1% yesterday IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF had a negative day yesterday (down 0.039%).
- Asia-Pacific markets are trending positively as Nikkei improves by 1.09%, reaching 31,500.
Ahead of today's session: leading equity indices in the US rose as S&P 500 closed the day at 4,221, having gained 0.99%. Nasdaq ended the session at 13,100 after a 1.28% gain.
US markets are now currently closed and set to reopen today; meanwhile, Asia-Pacific session in progress; markets are rising as Nikkei added 1.09% to trade at 31,500. Upbeat European markets ended yesterday higher as DAX rises by 1.21%, reaching 15,854.
NIO Inc. & The Toro Company due to release their earnings reports within the following week.
Uptick coincides with some positive signs published earlier as United States Crude Oil Inventories came out at 4.49 million, better than analyst estimates of -1.10 million and improving upon the previous reading of -12.46 million. Data from United States concerning Initial Jobless Claims was released yesterday at 12:30 UTC. Newly published figures emphasized continued decline from last month's figure of 230,000 to 232,000 this month.
Today's rise takes place amid mixed market indicators — United States ISM Manufacturing PMI (May) came out at 46.9, while a consensus of analysts was expecting 47.
Furthermore, the market is looking at today at 12:30 UTC data for United States Non Farm Payrolls will be released, with an expected decline to 180,000 from the preceding figure of 253,000. United States Average Hourly Earnings projected to come out at 0.4% — worse than previous data of 0.5%; data will be released today at 12:30 UTC. As things stand, upcoming United States Unemployment Rate data is projected to fall short of market expectations with newly published data of 3.5, following on from the preceding figure of 3.4. New data is set to be published today at 12:30 UTC.
While most assets did well yesterday, some did better than others as KraneShares CSI China Internet ETF trades at $26.19 having gained 4.97%.
Yesterday's bullishness contained stragglers as noticeable risk-on sentiment wasn't enough to prevent ProShares UltraShort MSCI Japan giving up 76.23 cents, or 5.1%, before ending the session at $14.2. IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF had a negative day yesterday (down 0.039%).
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF | Ended yesterday's session at $25.35
With around a month of flat trade under its belt, Pointing in a similar direction, yesterday's session was more of the same — iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF moves 0.04% to close at $25.35 yesterday.
KraneShares CSI China Internet ETF | Closed +4.97% at $26.19
After finishing Wednesday at $24.95, KraneShares CSI China Internet ETF went up to $26.39 before paring its losses and closing at $26.19.