From China on Monday was the news of renewed economic support promises:
- On Monday China promised more stimulus. Another promise, or for real this time?
- Rate cuts, tax cuts, fee reductions expected from China says state-sponsored finance media
In addition to higher yuan Chinese stocks are also higher.
'Hong Kong's Hang Seng is up around 3% while the Shanghai Composite is up around 1.5%.
The announcement effect is impacting, traders will later be waiting on specifics.
