MNI: *** Risk appetite took a hit in late U.S........>

MNI: *** Risk appetite took a hit in late U.S. trade as a BBG sources piece

noted that U.S. President Trump is preparing to release a list of an additional

$200bn in Chinese products to be hit with tariffs, according to two people

familiar with the matter. The report went on to note that that the list could be

released as soon as Tuesday, and likely this week.

- The report hit 10 minutes before futures closed. Dow futures lost ~190 points

at one point, before closing ~50 points off of the reaction low. Mini S&P

futures lost around 17 points on the report, before closing 6 points off the

reaction low.

- The JPY garnered a safe haven bid, USD/JPY shed around 40 pips before

recovering to around Y111.00. AUD & NZD took a hit, with USD/CNH adding around

200 pips at the latest count.

- Focus is now on the re-open of U.S. futures at the top of the hour.