[MARKET ANALYSIS] Asia-Pac stocks are higher in continued thinned conditions as many regional bourses remain closed

APAC Stocks: Positive

• Asia-Pac stocks are positive in continued thin conditions as many regional bourses remain closed for Lunar New Year holidays.

ASX 200: +0.4%

• Mildly gained amid outperformance in real estate, tech and financials, with the latter helped by gains in Big 4 bank NAB post-earnings, although miners, materials and resources were at the other end of the spectrum after the prior day's commodities-related pressure.

Nikkei 225: +1.2%

• Rallied to back above the 57,000 level with sentiment in Japan underpinned following better-than-expected trade data for January, which included a 16.8% jump in exports.

US Equity Futures: Flat

• Lacks direction following the prior day's choppy performance.

European Equity Futures Flat

• Indicate an uneventful cash market open with Euro Stoxx 50 futures unchanged after the cash market finished with gains of 0.7% on Tuesday.