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AUSSIE BONDS

Futures Tick Higher At Re-Open

US TSYS

CORRECT: A Calmer Session

INDONESIA

Market Closure

US TSYS

A Calmer Session

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CHINA YUAN
CHINA YUAN: Re: the previous yuan bullet, we know that the CNY has been
weaponised before too, for example during the trade war, so U.S. President Trump
needs to tread carefully re: his tone surrounding China to avoid re-stoking the
fire on the trade front as the economic impact from COVID-19 bites. We expect
that he will use a harder line re: China to drum up political support ahead of
the election, especially after he noted that the trade deal is a secondary
matter now, given COVID-19 developments.
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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