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Softer Than Expected Chinese Data Eats Into PBoC Easing-Driven Gains


E-minis and Chinese equities start to unwind their post-PBoC easing gains, with the CSI 300 back to flat on the day, after briefly registering gains of 0.7%, while the 3 major e-mini contracts run -0.3% on the session in relatively contained trade. The softer-than-expected Chinese economic activity data is the catalyst for the reversal.

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