China’s back and started positive – BBH

By FXStreet FXStreet (Guatemala) – Analysts at Brown Brothers Harriman explained that China’s markets reopened from the extended holiday.

Key Quotes:

“The Shanghai Composite rallied 3%, and the Shenzhen Composite tacked on 4%. “

“The Hong Kong China Enterprise Index (tracks H-shares) fell 1% after rallying more than 10% during the holiday. “

“The yuan itself strengthened slightly and remained in the upper end of the range seen before in late-September. The gap between the onshore and offshore yuan remained tight. ”
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Source:: FX Street