China envoy to US, Cui Tiankai, speaks to Bloomberg
- Says that talks must be based on mutual respect
- Says what is happening to Huawei is rather unusual
- Says that US allegations on Huawei are ‘groundless’
There’s your bit of headline risk on the day. The headline sort of contradicts what Mnuchin hinted at overnight with his comments here. US equity futures have pared some of their earlier gains on the back of the comments here.
Watch out in the session ahead, we could be in store for a bumpy end to the week.