[MARKET ANALYSIS] Asia-Pac stocks are mixed amid a lack of fresh catalysts and in extremely-thinned holiday conditions

APAC Stocks: Mixed

• Asia-Pac stocks trade mixed amid the extremely-thinned conditions due to the Lunar New Year holiday and in the absence of a lead from the US, where markets were closed for Washington's Birthday/Presidents Day.

ASX 200: +0.4%

• Index is led higher by outperformance in miners with BHP shares surging after the mining giant reported a 28% jump in H1 net, although gains in the broader market are capped by weakness in tech and real estate.

Nikkei 225: -0.9%

• Retreated shortly after the open with SoftBank and heavy industry stocks leading the declines, as the post-election euphoria petered out following the recent underwhelming GDP data.

US Equity Futures: Lower

• Mildly retreated overnight amid humdrum conditions and lack of macro catalysts.

European Equity Futures -0.1%

• Indicate a lacklustre cash market open with Euro Stoxx 50 futures down 0.1% after the cash market closed with losses of 0.1% on Monday.