Conflicting Sino-U.S. trade war related......>

STOCKS: Conflicting Sino-U.S. trade war related headline flow made for an active

start to the session, with choppy price action ensuing, which has left the major

regional Asia-Pac equity markets trading mixed in the final session of the week

after the early bid faltered.

- The Nikkei 225 struggled above technical resistance that we have outlined in

previous bullets, fading back below on the back of the aforementioned headline

flow.

- Consumer staples provided the notable underperformance on a sectoral basis,

with energy fairing relatively well across the region.

- U.S. equity index futures ultimately edged lower, after they failed to break

above their respective all time highs in early trade.

- Nikkei 225 +0.2%, Hang Seng -0.4%, CSI 300 +0.4%, ASX 200 -0.2%.

- S&P 500 futures -6, DJIA futures -38, NASDAQ 100 futures -22.