I wrote on Friday: 'Risk' is loving Dr. Draghi's comments overnight. The ECB gave a heads-up for more (MOAR!) easing.
So, just a minor rephrasing needed today:
'Risk' is loving the Chinese rate cut late on Friday. ... more (MOAR!) easing.
- Shanghai Comp to open up 1.1%
- CSI300 index to open up 1.2%
