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E-Minis & Chinese Indices Off Highs

EQUITIES

Some of the early risk-positive impulse has ebbed, with S&P 500 e-minis failing to force a meaningful break back above 4,600, pulling back below the figure at typing. Chinese equities have also given back a chunk of their modest RRR cut-inspired gains, with questions re: the health of the Chinese economy continuing to do the rounds, even with the Politburo seemingly more willing to provide policy support in light of the well-documented economic headwinds that China is facing at present.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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