Equities sentiment snaps back to reality
The lack of details following the conclusion of US-China trade talks this week is leaving a bitter taste in investors' mouths as we begin the day. Asian stocks are mixed in choppy trading but the sentiment displayed by Japanese stocks are more in tune with what we're seeing in global markets now.
US equity futures are also down by 0.5% currently as markets still await further communique from US and Chinese officials on trade. Apart from that, slowing inflationary pressures in China only serves to reinforce fears of further economic weakness and that's not helping with risk sentiment as we start the day.
