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Broad Gains

EQUITIES

A mostly positive day for equity markets in the Asia-Pac region. Markets in South Korea lead the way higher with gains of over 1% as government ministries and state agencies request a 6.3% hike in their budgets for next year. Markets in Japan are higher as the vaccination programme gathers pace. Gains in China are subdued after reports that US President Biden is planning on amending a US investment ban on companies linked to China's military. US futures are higher, late yesterday Fed's Harker said the central bank would seek to avoid a taper tantrum, markets have one eye on tomorrow's NFP data.

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