Morning Call: Huawei ban dents risk appetite

Clare MacCarthy
Senior Editor, Saxo Bank

Summary:  Investor sentiment has taken a bearish turn after the US blacklisting of Chinese tech giant Huawei has heightened concern about the ongoing Sino-US trade war, while a pair of unexpectedly poor US economic data releases is also dulling the tone. In FX, the Aussie is down on a discouraging jobs report and worries about interest rates.