• US and Canada markets closed today. • Overnight is Asia - markets were mostly lower, driven by Tech weakness impacted by SMIC -20% on possibility it may be blacklisted by Trump • Johnson expected to warn the EU that if there is no breakthrough Brexit deal by Oct 15th • Virgin Atlantic is to cut a further 1,150 jobs and put another 600 cabin crew on extended furlough beyond October,l • Last week’s US technology rout showed European stocks might be relatively resilient to a prolonged correction, and for good reason.