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Oil Erases Early Losses on Supply Scramble


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STOCKS: With Chinese & Hong Kong markets closed the Nikkei 225 garnered the most
attention, adding around 0.5% as the weaker JPY once again propelled the Nikkei
225 to a fresh multi-decade high. Electronics & chemical names, as well as
machine makers led the charge, with the majority of the major sectors moving
- The ASX 200 shed 0.6% with financials continuing their recent run of
underperformance as the effects of the royal commission continue to linger.
Healthcare was the only sector to trade higher.
- U.S. index futures moved higher, benefitting from a tri-lateral "NAFTA"
agreement, and the risk on flows surrounding it.
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