Liquidity was sapped from the Asia-Pac.......>

STOCKS: Liquidity was sapped from the Asia-Pac region by a Japanese national

holiday.

- Chinese equity traders are choosing to focus on Trump's statement re: only

wanting a complete deal & not needing a deal before the 2020 election, which was

followed up by the Chinese delegation cancelling a trip to the U.S. farmlands

(although the NYT has suggested this was to avoid a media circus and the

impression that China was meddling in U.S. political affairs). The Hang Seng

also softened in early trade.

- The ASX 200 managed to register marginal gains, with all of the major sectors

trading higher, as the energy sector outperformed.

- U.S. equity index futures drew some light support from the aforementioned

positive NYT report re: Sino-U.S. trade matters.

- Hang Seng -0.7%, Shanghai Comp. -1.4%, ASX 200 +0.4%

- S&P 500 futures +12, DJIA futures +106, NASDAQ 100 futures +38