- Asia's markets are mainly under pressure as a tech-led selloff in Chinese shares deepens. The dollar returned to where it started the week.
- The MSCI AC Asia pacific index dropped up to 1.3%. Hong Kong and mainland market indices fell, with a barometer of Chinese technology firms having their worst day in almost two weeks. Tencent pledged to distribute $20 bln in stock in meal delivery giant Meituan, prompting the selling. A warning from China's central bank about rising inflation harmed sentiment as well.
- US market futures rose modestly, following a fall in the S&P 500 and Nasdaq 100 on Wednesday amid indications from federal reserve officials that policy will be tightened further. Shares in Australia and Japan have risen.
- A closely watched section of the US yield curve has remained near four-decade lows, indicating investor concern about the world's largest economy.
