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Mixed Overnight

EQUITIES

The Nikkei 225 continued to run higher on the back of its recent technical breakout (which we flagged earlier this week), while the ASX 200 saw the energy sector outperform as oil continued to push higher.

  • The underperformance of the tech sector witnessed in recent sessions continued to hinder the Hang Seng & the CSI 300, with yesterday's report of "China releasing a draft antitrust guideline to rein in internet-based monopolies, signalling policymakers' heightened concerns over the growing power, influence and risks of digital platforms and their market practices in the economy," per the SCMP, adding further weight.
  • E-minis traded either side of unchanged.
  • Nikkei 225 +1.8%, Hang Seng -0.1%, CSI -0.1%, ASX 200 +1.6%.
  • S&P 500 futures +5, DJIA futures +76, NSDAQ 100 futures +35.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
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MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
CommoditiesEquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets

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