HomeLive CommentsAsian update: Dollar and Sterling soft, risk markets directionless

Asian update: Dollar and Sterling soft, risk markets directionless

Dollar is trading generally softer as it’s entering into an important week. There are a number of high profile events ahead, including US-China trade talk, FOMC rate decision and non-farm payrolls, as well as US government re-opening. But for today so far, Sterling is even softer as markets turns a bit cautious ahead of tomorrow’s Brexit debate in the commons. New Zealand Dollar is so far the strongest, followed by Yen and Australian Dollar. With such a picture, it’s easy to see the lack of direction in the risk markets.

In Asian markets:

  • Nikkei closed down -0.60% at 20649.
  • Hong Kong HSI is down -0.09%.
  • China Shanghai SSE is down -0.18%.
  • Singapore Strait Times is up 0.06%.
  • Japan 10 year JGB yield is down -0.0022 at -0.002, turned negative

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