The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
*Who to believe ? Did China call for Trade talks or not ? Who knows ?
-Editor of Chinese Global Daily, “focused on domestic demand not trade talks”
-the circus continues & uncertainty is never well received by mkts….
*Equities & Yields lower, with 10yr USTs -5bps/1.49%
-2yr/10yr inverted to 4bps mmmm
*Kiwi ranging 0.6360/0.6420 but RMB weakness continues to weigh
*NZDAUD holding its range 0.9380/0.9510
*Safe haven JPY & CHF make gains & NZDJPY at…