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Chinese stocks are recovering earlier.........>

CHINA
CHINA: Chinese stocks are recovering earlier losses, with Hong Kong stocks now
up 1% on the day and the CSI300 paring losses to just 0.3% after being down 1.5%
earlier in the day.
- The recovery in stocks, albeit mild in the recent context, has failed to
provide a boost to the yuan, with USDCNH trading in a tight range today around
the 6.92 level. A break above yesterday's high could trigger an inverse head and
shoulder pattern targeting a rise back above 7.0. 
- Earlier comments by Vice President Wang Qishan that Beijing remained ready to
discuss a trade solution with the U.S. failed to have much of an impact on
Chinese assets, which will likely take cues over the next 24 hours from the US
midterm elections. 

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