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Trade war related source piece chop has......>

STOCKS
STOCKS: Trade war related source piece chop has been the order of the day in
Asian hours, although the major regional benchmarks have emerged from the storm
in the green, with U.S. equity index futures closer to neutral levels after
struggling in early trade.
- To recap, the impending ministerial level DC trade talks were never going to
provide the ultimate end game to the trade war, but the tone of the meeting's
conclusion and any fall out will likely be key for risk assets in the coming
days. The aforementioned source reports have clouded the picture, with some
suggesting that the talks may be curtailed, while others have pointed to the
potential for concessions from the U.S. side.
- The consumer staples sector generally fared well across the major regional
indices, while real estate generally struggled.
- Nikkei 225 +0.5%, Hang Seng +0.2%, CSI 300 +0.2%, ASX 200 +0.1%.
- S&P 500 futures -4, DJIA futures, -47, NASDAQ 100 futures -3.
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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