HomeLive CommentsAsian update: Dollar & Yen higher as trade optimism turns into cautiousness

Asian update: Dollar & Yen higher as trade optimism turns into cautiousness

Yen and Dollar regain some growth today as Asian markets turned mixed. The lift from trade optimism on investor sentiments was rather brief. US-China trade talk will resume today. Traders could turn cautious and wait for real concrete progresses by the end of the week. Meanwhile, Australian Dollar is leading New Zealand Dollar lower after RBA minutes showed more concerns on housing markets. Sterling follows too, ahead of job data today. Euro is mixed ahead of German ZEW economic sentiment.

In other markets,

  • Nikkei is trading up 0.15% for now, and is set to end with slight gain.
  • Hong Kong HSI is down -0.31%.
  • China Shanghai SSE is down -0.43%.
  • Singapore Strait Times is up 0.08%.
  • Japan 10-year JGB yield is down -0.002 at -0.022. .

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