Mining stocks lower, tech stocks higher

There has been some divergence between sectors in Asian markets overnight with the Nikkei, Hang Seng and CSI300 all moving higher but the S&P/ASX200, Shanghai Comp and Shenzhen Comp all moving lower on the day.

• Commodity prices (with the exceptions of precious metals) have been moving lower and have driven mining stocks lower (the main reason for the S&P/ASX200 underperformance). Commodity heavy indices across the region have moved lower.
• Tech and healthcare sectors have moved higher, however, with Taiwan and Korean indices both notably higher.
• European equity index futures generally look higher on the day ahead of the market open while US equity futures are slightly positive.
• Japan's NIKKEI up 180.8 pts or +0.6% at 30504.32 and the TOPIX up 5.15 pts or +0.25% at 2095.33
• China's SHANGHAI down 35.31 pts or -0.98% at 3570.667 and the HANG SENG ended 116.41 pts higher or +0.47% at 24787.13
• German DAX futures up 70 pts or +0.45% at 15730, FTSE 100 futures up 27.5 pts or +0.39% at 7058.5 and EURO STOXX 50 futures up 27 pts or +0.65% at 4197.5.
• Dow Jones mini up 39 pts or +0.11% at 34664, S&P 500 mini up 3.75 pts or +0.08% at 4468, NASDAQ mini up 10.25 pts or +0.07% at 15519.75.