Not much more than a press conference and a few words
But the market’s risk bashing of the past few weeks is abating.JPY and CHF crosses rise between 0.5 and 1% with the Aud and Kiwi the major gainers .
From the opening :
EURJPY 130.15 from 129.30
GBPJPY 149.15 from 148.00
AUDJPY 81.30 from 80.56
NZDJPY 76.55 from 75.70
EURCHF 1.1730 from 1.1692
Equity futures enjoy the relief as well with S&P futs up 1% and Nasdaq futs up 1.25% writing this.
European stocks follow in the distance as not immediately involved in the Sino-American debate: Dax up 0.3 and Eurostoxx(sceptics) flat
Here’s the Reuters headline update