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Asia-Pacific stocks played catch up to.......>

STOCKS
STOCKS: Asia-Pacific stocks played catch up to their US counterparts following
Wall St.'s rally as traders downplayed US President Trump's latest batch of
trade related rhetoric.
- Japanese stocks also benefitted from a softer JPY as the Nikkei 225 traded
2.2% higher. Exporters led the way after yesterday's sell off.
- The Hang Seng traded ~1.4% higher at the lunch break with energy & IT names
leading the way.
- Chinese mainland shares shook off the lack of liquidity injections from the
PBoC and benefitted from news that China is to relax & remove its foreign
shareholding limit, and will revise its foreign investment negative list this
year. However the space lagged regional counterparts with the CSI 300 last
trading 0.2% higher.
- Australia's ASX 200 traded 1.2% higher, led by the Materials & Energy sectors.
- US Index futures were more reluctant to trade higher, managing modest gains at
the time of writing.
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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