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APAC Markets Mixed Following China Rate Cuts & Data


Equity markets across the APAC region are mixed today with the Nikkei up 0.6% but the Hang Seng down 1.2%. The PBoC’s rate cuts have helped to support markets following the weaker-than-expected domestic data. The CSI 300 is down 1%. The ASX is up 0.4% and the NZX is down slightly ahead of Wednesday’s RBNZ meeting. India’s Nifty is flat, the KOSPI down 0.8% with ASEAN also mixed. US S&P e-mini is up 0.1% while NASDAQ is +0.2%. The USD index is flat.

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