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ECB refuted press report

ECB refuted press report
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Asia trades modestly higher after gains on Wall Street

5/7/2021 5:54:09 AM GMT
Asia Market Update: Asia trades modestly higher after gains on Wall St; China trade data beat ests; US jobs report due later today.
General trend
- Nikkei has remained generally flat [Topix Iron & Steel index rose ahead of earnings from Nippon Steel and JFE; Retail index rises ahead of sales from Fast Retailing; Nintendo declines after results/guidance].
- Shanghai moved modestly higher during the morning session [Banks index rises; IT and Consumer indices lagged].
- Hang Seng extended gain following higher open.
- S&P ASX 200 has risen after the flat open [Resources index outperforms amid record high iron ore prices in China]. ....

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