Chinese foreign ministry: Dispute with India should be resolved via dialogue

China's foreign ministry was out with some comments in the last hour and said that conflict with Indian troops resulted in casualties.

Additional quotes:

• Reaffirms that dispute with India should be resolved via dialogue.
• Maintains that India is the one that violated the consensus on 15 June.

The comments helped ease concerns about a further escalation of geopolitical tensions and remained supportive of the upbeat market mood. This was evident from gains of over 0.5% for the S&P 500 index futures.