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Mixed After Negative Lead From US


A mixed session for equity indices in the Asia-Pac time zone. Markets in Japan lead the way lower, joined by Singapore and several EM bourses. Markets in Hong Kong and mainland China lead the way higher with gains of around 1%. US markets finished in the red after being riled by US President Biden unveiling of his tax plan which contained a provision to tax high earners 43.4% capital gains. Futures are higher though, the boosted by positive after-hours earnings. Intel are likely to weigh though after reporting a drop in gross profit margin.

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