Macro News
Global: Even though nothing really interesting came out on the trade war update at the Osaka G-20 summit this weekend, market seems to have reacted positively to the non-event with Asian equities up, slightly boosted by the little depreciation of the Japanese yen. In China, the stock market has also been trending up despite Caixin Manufacturing PMI falling below 50 to 49.4, its lowest level since January (we saw lately that equities have been diverging from economic surprises in China). The RBA continued its easing policy by cutting its cash rate by