China’s Securities Times is out with the latest headlines, citing that China is considering easing limits in stock index futures trading, Livesquawk reports.
No further details have been mentioned on the same.
Key Notes:
Asian stocks back in the red on trade fears, protectionism sapping risk appetite
Monday’s continuation of trade angst sees Japan’s Nikkei 225 index down around 1.3% so far, while the Tokyo Topix index is relatively unharmed at -0.14%; Shanghai’s CSI 300 index is in the red for -0.15%, and Hong Kong’s Hang Seng index is down -0.2% for Monday.
USD/CNY fades drop to 6.74, focus on today’s close
The oversold Chinese Yuan extended Friday’s gains in early trade, but the resulting dip in the USD/CNY to 6.74 was short-lived.
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