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STOCKS: Modest divergence crept into the major Asia-Pacific equity indices
Tuesday, with the CSI 300 finishing the morning session 0.3% higher after RTRS
headlines noted that U.S. Tsy Sec Mnuchin & Trade Rep spoke on the phone with
Chinese VP Liu & "exchanged views on pushing forward timetable & roadmap for
next stage of trade talks." Elsewhere, the ASX 200 trades marginally higher,
back from best levels, with the utilities sector weighing.
- The Hang Seng trades ~0.1% lower, while the Nikkei sits 0.4% worse off, with a
lower USD/JPY adding pressure to Japanese stocks.
- U.S. index futures briefly pared losses on the back of the U.S.-China phone
call headlines, but sagged again shortly after, with e-mini S&P 500 futures 10
points lower at writing.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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