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Nikkei bounces strongly from 13000 lows

FXstreet.com (Barcelona) - Local share markets are mixed today in the Asia-Pacific, with a little tendency into the red, and volatility around Nikkei index being the main factor till now. The index opened in Tokyo printing fresh 6-week lows just shy of the 13k key level, down around -1.5%, for then bouncing from there, till current +1.33% of gains 400 points higher.

The Shanghai Composite index is among main losers today down -1.16%, along with Hong-Kong's Hang-Seng lower by -0.32%, and Korean Kospi -0.51%. Australian ASX is about even with +0.09% gains, few minutes away from RBA interest rate statement, while US futures remain unchanged since NY close.

RBA Rate Decision on Tap at 4:30GMT

• Current 2.75% Expected 2.75%
• Dovish, rate cut: AUD Bearish
• Hawkish, rate hike: AUD Bullish
• Key pairs to watch: AUD/USD, AUD/JPY, NZD/USD
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