Asian asset futures point to a mixed start indicating that traders may be able to take catch breath after the panicked sell-offs brought about by the great risks of a trade war between the US and China. Chinese shares will again play a key role after PBOC governor Yi Gang says the central bank is ready to intervene if things get worse. And while he expressed a certain amount of calm about the decline in stocks, they can still recover after China's ETFs have dropped relatively little - relative to the US ones.
Investor fears also triggered purchases of safe haven assets. US bonds climbed in the last session, with yields on 10-year government securities were last at 2.897%, from more than 2.9% on Monday. Bond yields move reversed to bond prices.
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