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Risk assets took a hit as sentiment was......>

STOCKS
STOCKS: Risk assets took a hit as sentiment was dented on the back of the softer
CNY fixing from the PBOC, which added additional pressure to the Chinese
currency, although all of the major benchmarks have recovered from session lows,
as the yuan operates off of worst levels.
- The ASX 200 was the outperformer, adding 0.4%, although the heavyweight
materials sector recorded losses of over 1.0%, limiting upside potential.
- U.S. index futures were more reluctant to retrace their losses and continue to
operate around worst 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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