A Busy Week Starts Slowly

Key News

Asian equities were slightly lower on light volumes as India and the Philippines were closed for holidays.

The mid-morning release of October’s industrial profits, which were up +2.7% year-over-year (YoY) versus September’s +11.9% YoY, weighed on sentiment early in the session as both Mainland China and Hong Kong fell in morning trading, though managed to cut losses later in the session.