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Asian markets saw a mixed performance, with the Nikkei 225 and Hang Seng indices both rising 1%. Mumbai's Sensex gained 0.8% and Singapore's STI increased by 0.5%. Technology and AI stocks were strong performers. Trading in mainland China remained closed for a holiday.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but