Evergrande, China's No.2 property developer, warned it faces a cash crunch
Evergrande warned of cash troubles yesterday and fear is spreading Friday in China
The group warned Chinese officials it faces a potential default. Fears are such a large default could become a systemic issue.
ForexLive Asia FX news wrap: CNH adds to gains on bond news
Forex news for Asia trading
There was not a lot to move
major FX from news nor data flow during the session. The most impact
came from news that China government bonds (CGBs) look set to be
included in the FTSE Russell flagship World Government Bond Index
(WGBI). The index is made up of mostly developed market bonds
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