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Flat To Lower In Asia

EQUITIES

Most of the major regional equity indices edged lower during Asia-Pac hours, given the negative lead from Wall St. and worry re: Fed tightening. The Hang Seng was the outlier, dealing little changed in early afternoon trade. Still, none of the major regional equity indices shed 1%. E-minis traded either side of unchanged in Asia, after the major indices pared losses into Monday’s Wall St. close, with broader focus already moving to Wednesday’s U.S. CPI release (and implications for Fed policy). The latest North Korean missile launch failed to impact broader sentiment.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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