Huawei & Apple Sales Prove The Strength Of The China Consumer

Key News

Asian equities were off on light volumes except for Hong Kong. India was closed for Ganesh Chaturthi, a Hindu festival commemorating the birth of the god Ganesha.

Investors are sitting on their hands in advance of central bank meetings. Meanwhile, we continue to see incrementally positive US-China diplomatic and economic news as US Secretary of State Antony Blinken met with Vice President Han Zheng during the United Nations General Assembly. The odds of a Biden-XI summit at the Asia Pacific Economic Cooperation (APEC) meetings this November in San Francisco appear to be increasing.