The equity space's path of least.............>

STOCKS: The equity space's path of least resistance has been to the upside

during a holiday thinned Asia-Pac session, in the wake of Wall St.'s recovery

from lows on Monday and the uptick in crude prices.

- Elsewhere, Hong Kong benefitted from the city's Chief Exec pointing to looser

social distancing measures, although she was non-committal on the timing of such

a move, suggesting that it will come ASAP.

- The bounce in crude prices allowed Australia's energy sector to outperform,

while Qantas moved higher after it successfully secured a fresh round of debt

financing, allowing it to refrain from tapping equity markets.

- Hang Seng +0.5%, ASX 200 +1.0%.

- S&P 500 futures +19, DJIA futures +184, NASDAQ 100 futures +60.