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MNI, NEWS
MNI: Risk off flows have eased somewhat with T-Notes back from session highs and
the Antipodean currencies off of session lows vs. USD, while USD/JPY trade
unchanged last.
- Mainland Chinese stocks trade in positive territory, perhaps aided by
injections from the PBOC via OMOs, while the Nikkei has added 0.8% after the
long holiday weekend.
- Risk is perhaps being aided by the fact that China hasn't retaliated to the
latest round of U.S. tariffs immediately, although policymakers are set to hold
a meeting to formulate a response, according to reports. There has also been
some positive comments out of China re: long term relations with the U.S.
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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