It'd be nice to get a day where nothing much happened in Hong Kong. But the unrest there is not simmering down.

  • On Monday China state media made references to the violence as "terrorism".
  • On Tuesday state media called protesters "mobsters", and said they must never be appeased

All this is heightening the speculation over of mainland security forces intervention. Which will not be a positive for HK nor, taking a market perspective for just a moment, (risk) markets.

It'd be nice to get a day where nothing much happened in Hong Kong. But the unrest there is not simmering down.