AM Notes: Markets immune to Bitcoin contagion
Let's start with the Bitcoin contagion effect...
S&P futures: Gap down with a small push lower on the open, then a retracement to fill that gap...
Aussie Yen followed a similar pattern and is currently trading either side of 84
BUT
Asian indices are (almost) all positive...

There's no real signs of risk sentiment taking a body blow here & no conviction to the moves lower in risk...
Focusing on China: Relations are not improving, but the Huarong situation has calmed for now
China Huarong Panic Eases After Government Breaks Silence
Huarong bonds jumped after Chinaβs financial
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