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Markets still defensive ahead of the....>

MARKET TALK
MARKET TALK: Markets still defensive ahead of the first USD/CNY fix after the
Chinese holidays. With BBG dealer estimates looking for CNY7.0717 at today's
fixing (prev. CNY7.0571), USD/CNH at CNH7.1244.
- Sino-U.S. sabre rattling has amped up since the most recent fixing.
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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