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The major Asia-Pac equity markets............>

STOCKS
STOCKS: The major Asia-Pac equity markets benefitted from an uptick in Chinese
equities, as technical support in the Shanghai Comp seems to have held, for now.
- Risk seemingly benefitted from a WSJ piece noting that "U.S. off'ls said
Monday they would grant a handful of temporary exceptions to an export blacklist
against Huawei Technologies Co., giving some suppliers and customers of China's
telecom giant a 90-day reprieve from tough trade penalties...The reprieve comes
hours after Alphabet Inc.'s Google unit signalled plans to cut access to some of
its most-popular features on new Huawei smartphones. The move late Monday put a
hold on those plans, according to a person familiar with the matter." Rare
minerals related names also benefitted from President Xi visiting a rare earth
facility on Monday.
- The potential for near-term RBA easing, in addition to proposals for looser
mortgage lending standards supported Australian financials.
- Nikkei 225 unch., Hang Seng +0.4%, CSI 300 +1.7%, ASX 200 unch.
- S&P 500 futures +13, DJIA futures +105, NASDAQ 100 +51.
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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