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Asian indices breathed a sigh of relief......>

STOCKS
STOCKS: Asian indices breathed a sigh of relief after Trump's trade rhetoric
against Canada & Mexico seemingly softened, albeit via officials as opposed to
from the President himself.
- The Nikkei 225 last trades 0.7% higher as USDJPY consolidated above 106.00,
with electronics names & banks leading the way higher.
- Hong Kong's Hang Seng index last trades 1.5% higher, as the index continues to
experience large swings. All of the benchmark index's major sectors are higher,
with discretionary goods the runaway sector.
- China's CSI 300 has shook off a lack of liquidity injections from the PBoC,
but lags offshore names, last trading 0.6% higher.
- Australia's ASX200 is also higher, +0.6% last, with the utilities sector
leading, although energy & materials names are lower.
- US index futures have posted modest gains, with the e-mini S&P 2 points better
off & the mini Dow around 15 points higher.
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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