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

STOCKS
STOCKS: The major Asia-Pac regional equity indices trade mixed. The Nikkei 225
trades 0.4% lower at writing, with a modestly lower USD/JPY and worries re: the
recent Japanese data scandal weighing on the benchmark.
- Elsewhere, China's CSI 300 added 0.5%, while Hong Kong's Hang Seng added 0.4%,
as the yuan rallied, although both metrics sit shy of best levels at writing.
The rally came in spite of a second consecutive negative print for Chinese
industrial profits, with more focus being placed on the upcoming Sino-U.S trade
talks, scheduled for this week.
- The ASX 200 was closed for a national holiday in Australia.
- U.S. index futures traded modestly lower, with U.S. President Trump suggesting
that the upcoming bi-partisan talks re: government funding only have a 50/50
chance of yielding a successful outcome over the next 3 weeks. Trump once again
reiterated that he is willing to shut the government down again and pointed to
the possibility of declaring a national emergency to get the Mexican border wall
built. Earnings season continues this week, with Apple the pick of the bunch,
due to report Tuesday. S&P 500 -6, DJIA -35, NASDAQ 100 -20.
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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