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PBoC maintained the 1yr LPR but cut the 5yr, Yuan choppy in reaction - Newsquawk Europe Market Open

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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European bourses mixed, US equities lower & RTY lags, Dollar softer & Antipodeans supported by the PBoC 5yr LPR cut - Newsquawk US Market Open

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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Asia-Pac trade was mostly rangebound after a non-existent lead from the US, while the region also digested earnings and mixed PMI data - Newsquawk Euro Market Open

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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Broad based hawkish action in-play post-PMIs with geopolitics factoring - Newsquawk US Market Open

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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