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Equities Marginally Mixed In Asia


Chinese & Hong Kong equities continued to soften on Wednesday, although losses in the benchmark indices were limited. Focus remains on the net draining of the month-end liquidity provisions deployed by the PBoC, although today's net drain was a little smaller than that seen on Monday & Tuesday, as the central bank upped its gross intraday OMO injection via reverse repos.

  • The fallout from Tuesday's dovish RBA decision and an uptick in iron ore supported the ASX 200.
  • U.S. e-mini futures are little changed after another round of record highs were lodged on Tuesday.
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