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The rally of US benchmarks to new record highs helped lift most Asia Pacific markets today, but the bulls are pausing in Europe, and there has been little follow-through buying of US shares.
China reported a surge in January lending, a typical calendar effect as new lending quotas are available.
The euro is moving above the 20-day moving average (~$1.2100) for the first time in a month and is overcoming the downtrend drawn off the early and late January lows.