Asia-Pacific markets mixed after downgrade to China's growth forecast

US markets closed higher on Monday with the technology, financials and industrials sectors outperforming. Asia Pacific markets are mixed this morning, as China's sluggish economic recovery has led to a downgrade in growth forecasts. In response, China has unveiled an 11-point package of measures to support household spending. Microsoft has moved closer to completing its USD 69 billion acquisition of Activision but the deal is not likely to close by today’s deadline. Thomas Caflisch, our Head of FX & PM Solutions, provides an update on the currency markets and Leonardo Pellandini, from the Equity Strategy Research team, reviews the Q2 earnings season so far.00:14 Introduction by Helen Freer (Investment Writing)00:44 Markets wrap-up by Alexander Petersen (Investment Writing)04:34 FX update by Thomas Caflisch (Head of FX & PM Solutions)06:50 Q2 earnings season by Leonardo Pellandini (Equity Strategy Research)10:03 Closing remarks by Helen Freer (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.