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EU confidence data improving as vaccination rates rise

Asia trades lower despite US gains, China PMIs mixed

4/30/2021 5:38:36 AM GMT General trend - Financials trade lower in China and Hong Kong [ICBC and Bank of China dropped after reporting earnings]. - Hang Seng continued to decline after the lower open [HK TECH index has declined by over 1.9% amid ongoing regulatory concerns; Nasdaq FUTs drop during Asia]. - Shanghai Composite ended the morning session -0.5% [Property and Financial firms declined]. - Nikkei has remained lower following yesterday’s holiday [Sony drops over 6% after recently reported earnings/guidance; Komatsu, Tokyo Electron, Japan Tobacco, and ANA are due to report after the market close]. - Energy index has weighed on the S&P ASX 200 [Beach Energy declined over 20% on production update].

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