 The SPASX index is opening with a modest gain of 0.4 at 7201.0. The index is looking to snap a 3 day decline. The US stocks moved higher yesterday which is helping the early tone. Later China CPIPPI will be released which could impact the price action for equities.The Nikkei futures are opening up 0.55 in early trading. This article was written by Greg Michalowski at 