spreading to get more in top
tier cities in china.
you are seeing those material
stocks along with industrials
helping the csi 300, but the
hang seng is in line with what
we see across the asia-pacific.
selling in u.s. treasuries
overnight came on the back of
soft u.s. auction, also against
the backdrop of hawkish fed
speak.
we are keeping an eye on
currencies as well.
let's flip the board and take a
closer look as you just touched
on.
we saw a onshore u.n. hitting
levels we haven't seen since
november against the greenback.
this is after the pboc fix,
levels we haven't seen in four
months.
and that really shows the pboc
is allowing potentially their
currency to weaken.
we are also keeping an eye on
some of the other crosses.
the aussie now is losing some
ground against the greenback.
we saw bit of a jump earlier.
still gaining ground against the
yen, and this is against the
backdrop of the expectations of
what the boj is going to do.