Risk Appetite Is Weak in China, Says Nomura's Liu

The video discusses the weak market risk appetite due to recent news from China, affecting various asset classes and credit markets. It highlights changes in sentiment beyond trade war concerns, including liquidity and geopolitical issues. Misinterpretation of data on government funding for third and fourth-tier cities is noted. The video also covers electricity production data and earnings alerts from companies, suggesting a cautious market outlook with potential rebounds in July.

Discuss the significance of the electricity production numbers mentioned.

What is the expected impact of high-frequency data on the market by late July?