E-Minis Bounce After Wednesday's Wall St. Wobble

Asia-Pac equities recovered from lows on Thursday, following the negative start on the back of the European COVID/DC fiscal impasse-driven slump that Wall St. experienced on Wednesday.

• The move came as e-minis pushed away from their Wednesday's trough. While there has been nothing in the way of overt triggers during Asia-Pac hours, at least on the broader wires, some positive musings re: COVID-19 treatment matters (albeit, developments that seemingly do not shift the vaccine timetable) during the NY- Asia crossover and the aforementioned FT story re: "the US is allowing a growing number of chip companies to supply Huawei with components as long as these are not used for its 5G business," are the probable drivers here.
• The ASX 200 was the broader exception to the rule, with the heavyweight materials sector struggling.
• Nikkei 225 -0.4%, Hang Seng -0.9%, CSI 300 +0.5%, ASX 200 -1.6%.
• S&P 500 futures +36, DJIA futures +288, NASDAQ 100 futures +115.