U.S. equity futures rise, dollar sinks on Evergrande media report

  • 9/23/2021
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LONDON (Reuters) - U.S. equity index futures kicked higher and the U.S. dollar’s losses widened against its rivals after a Bloomberg news report that financial regulators in Beijing told embattled property developer China Evergrande to avoid a near-term default on its dollar bonds. Versus a basket of its rivals, the greenback fell to 93.14 while U.S. stock index futures extended gains to 0.8% in London trading. “A little bit of risk-on moves but in reality it is really quiet. People think Beijing will ‘solve’ Evergrande by kicking the can down the road,” one trader said.

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