Moving higher while the DAX's increase in constituents is confirmed

Equity indices across Asia are generally higher as President Trump finally allowed transition proceedings to President-elect Biden to begin, although he still vowed to continue to fight.

• The big news of the morning comes with the confirmation that the DAX index would be increased from 30 to 40 stocks. Note that these proposals had been made some time ago in response to the Wirecard scandal and this comes after a four-week consultation. So this is official confirmation the changes will be made.
• The biggest movers in terms of Asian stocks have been Japanese indices which moved higher, partly playing catch up with yesterday's moves after they had been closed. Chinese stocks moved lower in contrast.
• European and US equity futures are also tracking higher.
• Japan's NIKKEI up 638.22 pts or +2.5% at 26165.59 and the TOPIX up 35.01 pts or +2.03% at 1762.4
• China's SHANGHAI closed down 16.504 pts or -0.48% at 3398.657 and the HANG SENG ended 15.73 pts higher or +0.06% at 26502.81
• German Dax futures up 81.5 pts or +0.62% at 13238, FTSE100 futures up 29 pts or +0.46% at 6359 and Eurostoxx50 futures ' up 19 pts or +0.55% at 3488.
• Dow Jones mini up 243 pts or +0.82% at 29795, S&P 500 mini up 26.25 pts or +0.73% at 3602.25, NASDAQ mini up 61.25 pts or +0.51% at 11966.