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

EQUITIES
EQUITIES: The major Asia-Pac regional equity indices and e-minis operate
somewhere between unchanged levels and a smidge higher, with most of those
markets back from their early session highs, but observing tight ranges, in what
has been a much more limited Asia-Pac session, both in terms of news flow and
broader market activity.
- Chinese participants are eying the exits ahead of an elongated weekend, with
the PBoC deploying a net CNY500bn OMO injection into the system over the past 3
days, to provide ample liquidity during the Dragon Boat Festival holiday.
Taiwanese markets will also be closed for the remainder of the week, while the
Hang Seng will be closed on Thursday.
- E-minis were directionless after the late pullback from best levels on Wall
St. with focus on fiscal developments and the COVID-19 situation across the
sun-belt states.
- Nikkei 225 unch., Hang Seng +0.1%, CSI 300 +0.2%, ASX 200 +0.2%.
- S&P 500 futures +3, DJIA futures +35, NASDAQ 100 futures +24.
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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