In Asian Equity Markets indices slipped on Thursday, but pared some losses seen earlier after China announced it was planning for a new round of trade talks with the United States. Greater China markets narrowed losses following the news, with the Shanghai Composite last trading lower by 0.39 percent after opening more than 1 percent lower. Hong Kong’s Hang Seng Index fell 0.43 percent. South Korea’s Kospi declined by 0.94 percent, as its tech sector turned in a mixed performance after its U.S. counterparts came under pressure overnight.

In Currency Markets the US dollar held near a 13-month peak on Thursday as political turmoil in Turkey and concerns about China’s economic health continued to support safe-haven assets and weighed on emerging market currencies. The lira has since recovered to 6.00 per dollar after declining to a record low of 7.24 on Monday. However, the rebound did little to lift its emerging market counterparts, with the Indian rupee stuck near a record low, the South African rand shedding more than 2 percent overnight.

In Commodities Markets oil prices recouped some of the previous day’s losses on Thursday after Beijing said it would send a delegation to Washington in an attempt to resolve trade disputes between the United States and China that have roiled global markets. U.S. West Texas Intermediate (WTI) crude futures traded at $65.11 per barrel, up 10 cents, or 0.15 percent, from their last settlement. International Brent crude oil futures were up 41 cents, or 0.6 percent, at $71.17 per barrel. Both benchmarks lost more than 2 percent the previous day.

In US Equity Markets indices fell in a day of heavy trading on Wednesday with the S&P 500 posting its biggest percentage decline since late June as investors turned risk-averse on disappointing earnings and escalating global tariff worries. Retail shares fell as Macy’s Inc stock fell 15.9 percent after margin fears spooked investors, overshadowing its stronger-than-expected sales and earnings. the S&P 500 lost 0.76 percent, to 2,818.37 and the Nasdaq Composite fell 1.23 percent, to 7,774.12.

In Bond Markets German Bund yields hit their lowest in over a month late on Wednesday as Turkey’s currency crisis rumbled on and global trade worries grew, fueling demand for safe-haven assets. Germany’s 10-year yield fell to 0.29 percent, its lowest since mid-July. Italian bond yields also rose in late trading. Portuguese and Spanish government bond yields settled around 5 bps higher than the day’s lows. Italy’s five-year yield rose to highs of 2.48 percent with the two-year 2 bps higher at 1.81 percent.