*USD marginally stronger on Brexit delay
*AUDUSD at double bottom neckline
*Japanese exports and trade balance disappoint
FX:
- FX markets were restrained following weekend Brexit events.
- AUDUSD +0.1% sits at the neckline of a double bottom formation that started in late July.
- NZDUSD +0.2% crept higher.
- GBPUSD -0.5% was high beta off the back of Brexit disappointment.
- USDJPY +0.05% did little despite a poor showing of second tier trade numbers.
- USDCAD +0.05% continues to garner strong bearish conviction.
- USDCNH -0.06% edged lower following weekend headlines that noted Vice-Premier Liu He commenting that "the two sides have made substantial progress in many fields".
Equities:
- Asian equities steadied on a more positive line of sight from Vice-Premier Liu He on US/China trade.
- ASX Cash +0.04% finished positive though Afterpay (APT.AX) closed down -3.3%.
- ASX Dec Futures +0.03%.
- S&P 500 Futures +0.18%.
- Nikkei Futures +0.4%.
- CSI Futures +0.07%.
Fixed Income:
- Yields were marginally up.
- AUS 10y yields +2bps to close at 115bps.
Commodities:
- Brent Crude Futures -0.4% were dragged lower by sluggish demand.
- Gold +0.14% was tight in trading and had another inside session.
Back
Load more
Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.