Shanghai–Shenzhen combined turnover on Sept. 3 was 1.76 tln yuan, down from the prior session and close to the year-to-date low of 1.61 tln yuan recorded on April 7. The market has traded below its 20-day moving average (2.16 tln yuan) for 11 consecutive sessions.

Cuba on the 3rd issued measures to ease restrictions on foreign investment, foreign trade and tourism. Key changes: remove requirement that foreign and joint-venture employers hire Cuban staff via intermediaries authorized by the Ministry of Labor and Social Security and permit direct hiring; replace prior Cuban central bank approval for joint ventures and domestic investors to open overseas bank accounts with post-facto reporting to the central bank; update import-export procedures to allow private firms to engage directly in foreign trade; relax limits on foreign capital participation in wholesale and retail and in priority and historical-cultural investment zones; introduce tax incentives for eco‑tourism projects; and allow foreign firms, foreign capital and non‑state operators to participate in tourist transport and travel agency businesses.

一年前特朗普一條威脅出來，市場是先跌爲敬。但現在價格動一下之後，市場追問的問題越來越多。當特朗普發現他的常規威脅越來越難奏效後，會不會嘗試更高烈度的動作來重建威懾？