Quick overview of Asian markets
- General sentiment improved again after very strong Chinese trade data over the weekend, where the trade surplus neared 4-year highs:
- Regional stock-markets did not follow the late US Friday lead higher, with Tokyo and Seoul lower and China and HK only slightly higher:
- EUR/USD sentiment improved after the Greek parliament passed the latest stage of austerity packages:
- The EU group meets today to discuss the situation with Greece but are not expected to pass the latest tranche of payments:
- Reports of Sovereign buyers below 1.2700 also gave the EUR/USD a lift:
- Reserve manager bids reported in AUD/USD near 1.0350 and strong buying interest also noted in cable near 1.5850/60:
- US bond markets are closed tonight for Armistice Day but stock-markets will be open: