China's Cabinet: Will further improve business environment

China's cabinet said on Wednesday that it will further improve the business environment, Reuters reported, citing Chinese state media.

The cabinet further added that it will stabilise market expectations while maintaining stable economic operations.

Market reaction

This headline doesn't seem to be having a noticeable impact on risk sentiment. As of writing, the S&P Futures were down 0.1% on a daily basis while the Dow Futures were losing 0.13%. In the meantime, the US Dollar Index, which closed the previous two days in the positive territory, is posting modest daily gains at 92.68.