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The major Asia-Pacific equity indices have...>

STOCKS
STOCKS: The major Asia-Pacific equity indices have recovered from worst levels
to trade either side of mixed, with the BoJ leaving its MonPol settings
unchanged (trimming its inflation outlook & raising its medium-term growth
forecasts) and China employing its new TMLF measure for the first time. These
two factors, coupled with a softer JPY & marginally positive session for U.S.
equity index futures have allowed the regional benchmarks move off of their
early lows, after a negative lead from Wall St. Late comments from White House
econ advisor Kudlow playing down the FT report re: issues surrounding the
upcoming U.S.-China trade summit in Washington also helped.
- Nikkei 225 +0.0%, Hang Seng +0.1%, CSI 300 +0.1%, ASX 200 -0.3%.
- S&P 500 +4, DJIA +52, NASDAQ 100 +18.
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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