Entering into US session, Sterling is trading as the weakest one for today on worries on no-deal Brexit. Swiss Franc follows as the second weakest as European stocks recover. Dollar remains the strongest one as supported by heightened trade tensions with China. Australian Dollar follows as the second strongest, then Japanese Yen.
In other markets, major European indices are trading in black today. At the time of writing, FTSE is up 0.04%, DAX up 0.59% and CAC up 0.31%. Asian markets were mixed, however. China Shanghai SSE closed down -1.29% at 2705.16. It has indeed breached 2700 handle briefly. Nikkei was also down -0.08% at 22507.32. But Hong Kong HSI and Singapore Strait Times closed up 0.52% and 0.60% respectively.
Elsewhere, Gold is back under pressure and lost 1210 handle. It could have a take on last week’s low at 1204.10 very soon. WTI crude oil is back above 69 as consolidation extends, but we’re seeing no evidence that it could regain 70 with conviction. 10 year JGB yields closed down -0.0005 at 0.105, holding on to 0.1 handle.
