Trial now

Downside Bund play


Exchange traded option

CHINA: USDCNH trades at its daily high of 6.8730 while Hong Kong listed equities
trade at their daily lows, with the week starting on a bearish note following
China's decision to cancel US trade talks. 
- The HSCEI has dropped below 10800, falling 2.2% on the day as the weak yuan
has had a negative impact in HKD terms. The HSI is down over 500 points as the
Sep 14 high comes into play as potential support. 
- USDHKD has erased early declines but the pair remains at Friday's lows of
7.8110 following the relatively huge 0.4% daily more as borrowing costs
tightened triggering a reversal in the HKD carry trade.