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It would seem as if the strong start to......>

STOCKS
STOCKS: It would seem as if the strong start to the week for Chinese equities
has allowed markets to regain some composure after the early risk off flows on
the back of an Axios report, which noted that "President Trump has no intention
of easing his tariffs on China, according to three sources with knowledge of his
private conversations. Instead, these sources say he wants Chinese leaders to
feel more pain from his tariffs - which he believes need more time to fully kick
in."
- The CSI 300 last deals some 3.7% higher, while the Hang Seng has added 2.0%.
Chinese markets have likely drawn support from a positive round of rhetoric from
policymakers re: mechanisms to support the space (starting on Friday morning).
- The Nikkei 225 is 0.3% lower at writing, but operates off of worst levels.
- Australia's ASX 200 trades 0.5% softer, but is also off of worst levels.
- U.S. index futures have tracked global risk appetite and last deal around
unchanged levels.
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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