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Asian equities trade mostly higher, US equity FUTs extend gains; 30-yr treasury FUTs continued to decline

- 005380.KR No cooperation agreements on EVs happening, have requests from multiple companies to co-develop autonomous, electric cars - (KR) Bank of Korea (BOK) sells KRW840B v KRW700B indicated in 1-year Monetary Stabilization Bonds (MSB); avg yield 0.670% v 0.710% prior China/Hong Kong Hang Seng opened +1.2%; Shanghai Composite opened +0.2% - (CN) CHINA JAN FOREIGN RESERVES: $3.211B V $3.222TE; Gold reserves: $116.8B v $118.3B m/m; Gold reserves in Troy oz: 62.64M troy oz v 62.64M prior - (CN) Beijing, China to launch test related to digital currency over the Lunar New Year holiday - China Daily - (CN) China PBOC Open Market Operation (OMO): Injects CNY110B in 7-day reverse repos v CNY100B in 14-day reverse repos prior; Net Inject CNY10B v Net CNY0B prior

Germany 2020 GDP registers its largest contraction in over a decade

- OPEC Monthly Oil Report - (DE) German Federal Statistics Office to update forecasts - 05:30 (HU) Hungary Debt Agency (AKK) to sell bonds (3 tranches) - 05:50 (HU) Hungary Central Bank One-Week Deposit Rate Tender ( Note: not a rate decision) - 06:00 (IE) Ireland Dec CPI M/M: No est v 0.3% prior; Y/Y: No est v -1.1% prior - 06:00 (IE) Ireland Dec CPI EU Harmonized M/M: No est v 0.3% prior; Y/Y: No est v -1.0% prior - 06:00 (ZA) South Africa Nov Electricity Production Y/Y: No est v -2.8% prior; Electricity Consumption Y/Y: No est v -2.5% prior - 05:50 (HU) Hungary Central Bank One-Week Deposit Rate Tender

Asia trades generally higher; CN probe weighs on shares of Alibaba

- CDV.AU Dongshan Investments to make off market takeover offer of A$1.20/shr - TNK.AU Alceon Group submits revised proposal of A$1.75/shr (prior A$1.35/shr), A$106.9M in cash or cash/shares in new listed company Japan - Nikkei 225 opened +0.4% - (JP) BOJ Gov Kuroda: Japan Economy likely to improve moderately as a trend; Does not expect return to deflation - (JP) Japan Investors Net Buying of Foreign Bonds: ¥802.4B v ¥770.4B prior; Foreign Net Buying of Japan Stocks: -¥504.3B v +¥159.9B prior - (JP) Japan Ex PM Abe summoned to Diet for Friday; Japan Prosecutors expected to not charge Former PM Abe on using funds for parties – Press

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