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Recovering After Sell Off

EQUITIES

Most markets in the Asia time zone, recovering after heavy selling earlier this week as US stocks provided a positive lead. Gains are robust across bourses, but China leads the way higher with gains of over 2% on the CSI 300. Markets in Japan are seeing robust gains, up around 1.8% despite reports of a state of emergency in Hokkaido and Hiroshima. After plunging a total of 9.5% in the first four trading sessions of this week the Taiex is up 1.5%. The ASX 200 has also seen gains of around 1% despite further heavy losses in iron ore. Futures in the US are higher, the Nasdaq leading the way with gains of around 0.7%.

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