China's fund managers cut their suggested equity exposure to 75% for next 3 months

Reuters carrying the result of their latest monthly poll 31 July

  • cutting to 9 month lows
  • trimming suggested bond exposure for next 3 month to 10% from 10.6%
  • suggested cash allocations for next 3 months raised to 15% vs 13.1%
  • fund managers
  • rise in metals prices helped boost optimism for mining sector

Reuters have polled 8 China-based fund managers.

Meanwhile FX price action all quiet still as European desk begin to stir.

USDJPY 110.50 EURUSD 1.1737 GBPUSD 1.3128 AUDUSD 0.7984

Latest Reuters poll of China-based fund managers now out

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