Free Trial

Focus has once again fallen on the Chinese...>

STOCKS
STOCKS: Focus has once again fallen on the Chinese equity indices, which have
set the broader risk tone. USD/CNH's move towards CNH6.9000 put pressure on the
space, but a modest pullback in the yuan crosses has seemingly allowed the
Chinese & HK indices to correct their earlier losses and trade modestly higher
as they approach the lunch break. Elsewhere the Nikkei 225 bucked the broader
trend, edging higher throughout the morning session, taking a positive lead from
Wall St.
- Australia's ASX 200 is marginally lower as the heavyweight financial &
materials sectors pushed the index into negative territory.
- U.S. index futures have traded either side of unchanged.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.