A week that started with investors in a spin over the Chinese property market is ending on a flat note, amid uncertainty about whether the debt-laden developer Evergrande has met its latest interest payment.
There was no announcement from the company after yesterday's deadline passed.
Markets took the latest developments in their stride, partly in view of there being a grace period of at least 30 days before any default can be declared.
Elsewhere, cryptocurrencies and stocks with significant exposure to the market are coming under pressure after China’s central bank declared the entire sector “illegal”.
