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STOCKS: The weekend goings on in Saudi Arabia boosted miners & refiners, as gold
and oil prices surged, but broader risk sentiment struggled as geopolitical
tensions remained at the fore in Asia-Pac hours. Elsewhere, weaker than expected
Chinese economic activity data provided further headwinds for risk assets, even
as the previously outlined, broad 50bp RRR cut from the PBoC went into effect.
- Meanwhile, the closure of Japanese markets sapped liquidity from the time
- Hang Seng -1.0%, CSI 300 -0.3%, ASX 200 unch.
- S&P 500 futures -17, DJIA futures -129, NASDAQ 100 futures -75.