Biden's remarks were not the focus, that ha been on Evergrande's USD83.5m payment made, which has given a boost to risk FX.

This from Biden earlier:

Just quickly recapping the main points made by Biden, across numerous topics:

  • said the corporate tax rate won't rise
  • on the supply chain bottlenecks he said he may call in the national guard to drive trucks
  • Said the US had made a commitment to defend Taiwan in the event of a Chinese attack