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CROSS ASSET: Risk-Off Flows As China Equities Weaken Into Close

CROSS ASSET

Potential delayed reaction to the previously flagged weakness in Chinese equities into the mainland close, as broader markets trade with a risk-off feel after the European cash equity open.

  • Euro Stoxx 50 futures -21, still comfortably within yesterday’s range.
  • BBDXY trades at the highest level since August 16, although USD/JPY has pulled back from session highs registered around 07:30 London, last 148.35.
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Potential delayed reaction to the previously flagged weakness in Chinese equities into the mainland close, as broader markets trade with a risk-off feel after the European cash equity open.

  • Euro Stoxx 50 futures -21, still comfortably within yesterday’s range.
  • BBDXY trades at the highest level since August 16, although USD/JPY has pulled back from session highs registered around 07:30 London, last 148.35.