China government bond futures at midday: 2-year (TS) main contract +0.01%, 5-year (TF) +0.02%, 10-year (T) +0.07%, 30-year (TL) +0.13%.

A-share oil services and engineering sector opened higher; Zhongman Petroleum up >8%, Keli up >5%, with Qianeng Hengxin, Tongyuan Petroleum, Bomaike, Haiyou Engineering, Zhongyou Engineering and CNOOC oilfield services also rising. The New York Times reports Iranian and Iraqi officials say Iran on Thursday rejected a ceasefire proposal from U.S. President Trump that had been delivered to Tehran by the Iraqi prime minister.

欧洲央行行长拉加德：今天没有加息的压力。