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Volumes remain thin in the Asia time zone with many participants observing LNY, those markets that are open trade in the red. Japan return after a holiday yesterday, the Nikkei 225 opened higher but has lost ground as the session wore on. The ASX 200 is also lower, weighed on by the announcement of a five-day lockdown in Victoria after a cluster of cases and losses across the commodity complex.
- In the US the S&P 500 closed in minor positive territory yesterday, futures are slightly lower in Asia today as negative sentiment prevails, US markets are closed on Monday for President's Day.