Market Analysis

[MARKET ANALYSIS] Asia-Pac stocks are higher in continued thinned conditions as many regional bourses remain closed

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APAC Stocks: PositiveAsia-Pac stocks are positive in continued thin conditions as many regional bourses remain closed for Lunar New Year holidays.ASX 200: +0.4%Mildly gained amid outperformance in real estate, tech and financials, with the latter helped by gains in Big 4 bank NAB post-earnings, although miners, materials and resources were at the other end of the spectrum after the prior day's commodities-related pressure.Nikkei 225: +1.2%Rallied to back above the 57,000 level with sentiment in Japan underpinned following better-than-expected trade data for January, which included a 16% jump in exports.US Equity Futures: FlatLacks direction following the prior day's choppy performance.European Equity Futures FlatIndicate an uneventful cash market open with Euro Stoxx 50 futures unchanged after the cash market finished with gains of 0.7% on Tuesday.

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