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STOCKS
STOCKS: The major regional equity markets trade mixed in Asia hours.
- The modest uptick in USD/JPY towards Y107.50 has supported the Nikkei 225,
while the latest trade war overtures from Trump & Chinese state media offered
little in the way of clarity on the well discussed matter.
- Participants were generally cautious on the back of Monday's Tsy sell off.
- Soft Aussie business confidence data & worries re: Chinese producer price
deflation further hampered the space. The mining sector also provided additional
weight to ASX 200, as gold extended its pull back below $1,500/oz.
- Nikkei 225 +0.2%, Hang Seng -0.1%, CSI 300 -0.7%, ASX 200 -0.6%.
- S&P 500 futures -1, DJIA futures -7, NASDAQ 100 futures -1.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com