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EQUITIES

Most markets in the Asia-Pac region in the green, though gains are fairly modest for most. Taiwan led gains, up over 1%, the semiconductor sector driving gains after strong industrial production data on Friday. Mainland China is in the green, buoyed by reports that China regulators asks banks to boost lending to SME's. A rally in iron ore and copper has also helped support sentiment. The ASX 200 failed to sustain early gains though, despite the metals rally, as AUD rose. Futures in the US are higher, focus this week will be on the FOMC meeting on Wednesday, while a slew of earnings will also help dictate price action.

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