Chinese mainland stocks being sold off again

  • Nikkie -0.8%
  • Hang Seng -1.1%
  • Shanghai Composite -0.7%
  • CSI 300 -0.7%

It's not been a good day for Asian equities, as major indices are faltering as we head into the final hours of trading. The negative tones are still prevailing as a result of the escalation in the trade rhetoric over the weekend, and that is also pinning down US equity futures:

So far, it's been a bit of a cautious and risk-off kind of a day. But in the past two months, investors have been quick to let go of the trade rhetoric as fast they pick it up. Last week's turnaround on Wednesday following the risk-off tones on Tuesday was evident of that. Will we see the same this week?