Entering into US session, Australian Dollar remains the strongest one, followed by New Zealand Dollar. Strength in Chinese stocks gave the Aussie a solid boost as Shanghai SSE rose 2.47% to 3096.42, just a touch below 3100 handle. Sterling is the weakest one so far, suffering some brief selloff in European session. Brexit hardliner Rees-Mogg indicated that he might back PM May’s Brexit deal as a bad deal is better than no-Brexit. But at this point, it’s unsure whether the government will have enough support to make tomorrow’s meaningful vote “meaningful”. Dollar and Yen follow as the next weakest.
In Europe:
- FTSE is up 0.59%.
- DAX is down -0.15%.
- CAC is up 0.01%.
- German 10-year yield is up 0.008 at 0.093, getting close to 0.1 handle again.
Earlier in Asia:
- Nikkei rose 0.62%.
- Hong Kong HSI rose 1.37%.
- China Shanghai SSE rose 2.47%.
- Singapore Strait Times rose 0.40%.
- Japan 10-year JGB yield rose 0.002 to -0.035.
