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Author Message   Entrepreneur Kurra Bewarse Username: Entrepreneur Post Number: 3511 Registered: 05-2011 Rating: N/A Votes: 0 Posted on Wednesday, May 12, 2021 - 7:52 am:    The global equity markets are mixed. S&P Futures are down about 16 points to trade around the 4130 area. In Asia, China posted a gain of 0.6%, while Japan extended losses by 1.6%. The Shanghai got a sentiment boost after the US agreed to take smartphone maker, Xiaomi, off its investing blacklist. In Japan, the Nikkei was under pressure following SoftBank's unimpressive fourth quarter report. The heavyweight outpaced the benchmark lower with a 3.5% decline. Toyota could not offset those losses despite a solid top and bottom line Q4 beat. The automaker closed up over 2% on the day. In Europe, the major bourses are edging higher. Corporate earnings took center stage with mostly better than expected results. Key names leading to strength in region after quarterly updates are: Commerzbank (+6%), Bayer (+4%) and Deutsche Telekom (+2%). Market Updates S&P Futures vs Fair Value: -16.0 10 yr Note: 1.616% Gold (1834.10 -2.00) Silver (27.50 -0.17) Crude (65.67 +0.39)