[MARKET ANALYSIS] Asia-Pac stocks took impetus from the rebound on Wall St as yields eased

APAC Stocks: Positive Asia-Pac stocks are mostly higher after the region took its cue from the gains on Wall St, where all major indices recouped some of the recent losses as yields edge lower, while there were also comments from US President Trump that the renewed campaign against Iran would not continue for too long. ASX 200: +0.6% Index is led by outperformance in the top-weighted financial sector and miners, but further gains capped amid quiet newsflow and mixed trade data. Nikkei 225: +0.2% Trades with cautious gains amid recent currency moves and hawkish BoJ rate hike bets following the recent commentary from BoJ Governor Ueda and hawkish dissenter Takata. KOSPI +1.6% Outperforms with some tech and energy names among the notable gainers. Hang Seng & Shanghai Comp: Hang Seng +0.1% / Shanghai Comp +0.2% Chinese markets are mildly positive with some encouragement from stronger-than-expected Chinese RatingDog Services PMI data, although the upside is limited and the PBoC's regular open market operations remained at zero. US Equity Futures: +0.1% Remained afloat following the prior day's Wall St rebound and easing of short-term yields. European Equity Futures +0.1% Indicate a marginally positive open with Euro Stoxx 50 futures up 0.1% after the cash market closed with losses of 0.1% on Wednesday.