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Asian stocks are weaker across the board.....>

STOCKS: Asian stocks are weaker across the board as the PBOC's RRR cut yesterday
has failed to prevent mainland Chinese stocks from resuming their weakness
following the last week's holiday, despite an initial rally at the open. 
- The CSI300 is down 3.5%, losing its grip on 3400. The HSI is down 1%, with
early gains above resistance at 26600 giving way to bring the Sep 12 lows into
focus. The tech-heavy Chinext index has lost the 1400 level as the bearish trend
- The Nikkei is down 0.8% as an early rally failed to recover the 24000 level
even as USDJPY has edged higher. 
- Aussie stocks are down with the ASX shedding 1.1% to test its Sep 7 low just
ahead of 6100. The index looks to be extending its weakness following the
September drop, which would suggest further losses are ahead. The weaker AUD is
no longer providing support to local stocks.

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