Asia-Pacific stocks moved sharply higher.....>

STOCKS: Asia-Pacific stocks moved sharply higher on the back of BBG running

headlines noting that U.S. President Trump is said to ask his cabinet to draft a

possible China trade deal after his phone call with President Xi, which

triggered broader risk on flows, with U.S. stock index futures jumping into

positive territory as a result. U.S. index futures were initially pressured

after the Wall St. bell, on Apple's miss on iPhone sales, softer guidance than

most were looking for and removal of iPhone, iPad & Mac individual unit sales

from futures earnings releases.

- China linked shares had already been outperforming on the warmer tones

observed between China & the U.S. on Thursday, registering fresh highs as a

result as the Yuan advanced. The Hang Seng added 3.4% while the CSI sits 3.1%

higher at writing.

- The Nikkei 225 added 2.6% playing catch up as USD/JPY broke above 113.00.

- The ASX 200 was the laggard, adding 0.1% as some of the heavyweight sectors

struggled.