The Nikkei is again creeping towards.........>

STOCKS: The Nikkei is again creeping towards levels last seen in 1996 in the

Asia-Pac session as it extends gains amid dovish fed meeting minutes, the Nikkei

225 went into the lunch break at 201978.56, up 97.29pts, hovering so close to

21k.

- The dollar made losses and Wall Street Indices rocketed on the overnight with

another record breaker for the S&P 500 after the FOMC minutes were released,

noting many participants saw 2017 rate hike warranted if conditions progressed

as expected but all agreed not September; several cited they need to be more

confident that recent inflation growth slowdown is temporary. European stocks

ended mixed, the FTSE100 closed lower in anticipation for the FOMC minutes and

the IBEX35 picked up after tension amid the Catalonian Crisis weakened.

- China is still celebrating and catching up with family after their holiday,

the Hang-Seng last up around 33pts, led by the telecommunications industry.

- Australia is generally very quiet in all markets, sources note this could be

attributed to little or no action from the RBA and nothing planned either, the

ASX200 last up around 12pts.