[MARKET ANALYSIS] Asia-Pac stocks took impetus from US counterparts after some AI disruption concerns were soothed
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APAC Stocks: PositiveAsia-Pac stocks are higher as the region takes impetus from the rebound on Wall St after Anthropic's presentation helped soothe some AI/software concerns, and with tech also bolstered by the USD 60bln Meta-AMD chip deal.ASX 200: +1.0%Advanced with gains led by notable outperformance in the tech, consumer staples and mining sectors, while participants continue to digest an overload of earnings and are unfazed by firmer-than-expected CPI data.Nikkei 225: +1.4%Rallied to a fresh record high as exporters benefit from recent currency weakness after it was reported that Japanese PM Takaichi relayed to BoJ Governor Ueda her reservations about further rate hikes.Hang Seng & Shanghai Comp: Hang Seng +0.8% / Shanghai Comp +1.1%Chinese markets conform to the widespread upbeat risk sentiment, with attention in Hong Kong on the annual budget and with the mainland also underpinned with the PBoC conducting a CNY 600bln MLF operation.US Equity Futures: RangeboundUS equity futures are rangebound after the prior day's rebound and with a muted reaction to US President Trump's State of the Union Address, where he talked up the US economy and refrained from any major fresh policy announcements.European Equity Futures +0.1%Indicate a slightly positive cash market open with Euro Stoxx 50 futures up 0.1% after the cash market closed flat on Tuesday.
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