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Asia-Pacific stocks edged higher,............>

STOCKS
STOCKS: Asia-Pacific stocks edged higher, initially buoyed by the positive lead
from Wall St., before the major regional benchmarks moved away from session
highs.
- U.S. Tsy yields printed fresh month to date highs, although USD/JPY edged
lower, capping the Nikkei 225.
- The CSI 300 was supported by a softer yuan, and a report noting that the PBOC
has advised banks via "window guidance" to provide medium-term lending facility
(MLF) funds for primary dealers to support loan placement and bond investment,
according to the 21st Century Business Herald, citing financial professionals.
- The Hang Seng operates close to unchanged levels, as losses for health care
and IT names pushed the index back to unchanged levels.
- Australia's ASX 200 added 0.3% with industrials and financials leading the
way, while utilities and real estate provided a degree of counterweight.
- US index futures hovered around unchanged levels.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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