The major Asia-Pac equity indices trade a....>

STOCKS: The major Asia-Pac equity indices trade a touch higher, shrugging off a

negative lead from Wall St. A nominal PBoC injection (after 18 days without

injections) may have provided the impetus for Chinese stocks to reverse their

early losses, although it is worth remembering that the PBoC reiterated that it

will refrain from implementing flood-like stimulus on Monday, while mainland

default worries have been sparked, yet again. Q1 GDP data is due tomorrow and

provides the major economic release for the region this week.

- Also worth noting that Nikkei has learned that "Japan and China will make it

easier for investors in each country to buy each other's stocks by cross-listing

exchange-traded funds as early as next month." Today has seen the Nikkei 225

register a fresh YtD high, but the index went into lunch off best levels.

- Elsewhere, the ASX 200 shook off weak production numbers from mining giant Rio

Tinto, drawing support from the minutes of the RBA's most recent MonPol decision

later in the day.

- Nikkei 225 +0.2%, Hang Seng +0.5%, CSI 300 +0.6%, ASX 200 +0.4%.

- S&P 500 +4, DJIA +49, NASDAQ 100 +14.