Asian Stocks keep moving up; Block Trades makes U.S. Futures Fall

After a record close on Wall Street, Asian stocks gained a high record while U.S. equity futures slightly slipped down as investors look into possible knock-on effects from a $20 Billion wave of block trades.



Japan contributes to a high record even Nomura Holding Inc slumped after warning of a possible “significant” loss arising from transactions with U.S. clients. The futures equity of the U.S. fell after revelations that Archegos Capital Management LLC the family office of Bill Hwang -- was behind the block trades, selling Chinese tech giants and U.S. media conglomerates amid margin calls. China and Hong Kong shares gained. (Bloomberg, Papuc)

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