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Chinese equity markets underperform,....>

MARKET TALK
MARKET TALK: Chinese equity markets underperform, while USD/CNH has just cracked
back above CNH7.0200. This could set the risk tone into European hours, with
participants on the lookout for an announcement out of China re: countermeasures
to the U.S. bid to close the Chinese consulate in Houston.
- As we have noted, speculation has pointed to the potential for China to target
the closure of a U.S. consulate on the Chinese mainland, or in Macau/Hong Kong.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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