Traders Hold Breath as China Markets to Reopen After Holiday

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Sentiment among Chinese investors “has recently recovered to a neutral level, but the trend is decidedly downward and the upside is capped by recent domestic default stories,” said Olivier d’Assier, head of APAC applied research at Qontigo. “The main issues affecting sentiment have been purely domestic so far, but on the geopolitical front, the U.S.-China trade talks have yet to take place and this issue remains unresolved.”