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The dovish Fed statement & press.............>

STOCKS
STOCKS: The dovish Fed statement & press conference supported the major
Asia-Pacific stock metrics, which followed Wall St.'s positive lead.
- Nikkei 225 +1.2%, Hang Seng +1.2%, CSI 300 +1.0%.
- The ASX 200 lagged, last +0.1%, hindered by the underperformance of the
financial sector ahead of the publication of the royal commission findings, with
Qantas continuing to struggle on the back of Air New Zealand's demand worries,
flagged Wednesday.
- U.S. equity index futures held higher, in the wake of the Fed decision.
Facebook provided the earnings highlight after hours, surging after the bell on
strong headline revenue & EPS, resulting in NASDAQ outperformance.
- S&P 500 +8, DJIA +36, NASDAQ +38.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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