The risk mood hits a bit of a snag on bumpy US-China relations
The Nikkei has halved its gains as the 2% move higher earlier falls to just 1% now with S&P 500 futures also seeing gains ease slightly to around 0.5%.
USD/JPY has also moved back a little from 105.60 to 105.45 but the overall mood is still slightly more upbeat all things considered.
There is a slight moderation in sentiment following this report here but rocky US-China relations aren't anything that investors aren't used to by now.
If anything, it does provide a reasonable excuse for the euphoria to be tempered a little but I doubt that alone is enough to derail the optimism in the market in the big picture.
