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EURJPY TECHS

Gains Considered Corrective

US OUTLOOK/OPINION

GS: Strong Core CPI Expected From A Number Of Categories

US EURODLR OPTIONS

Late Trade

USDJPY TECHS

Bullish Engulfing Reversal Still In Play

FOREX

Will The CHF Strength Drag Down Swiss CPI?

Asian summary

EQUITIES

Asian stocks dipped lower during the Asian session, with Hong Kong and Chinese stocks falling in tandem with US equities,

  • Investors and market participant are less optimistic regarding the US Fed and possible action going forward, US stimulus is also looking to be at a standstill, while EU lockdowns and the rise of Covid cases weighs on risk.
  • The Hang Seng saw momentum selling to push the index down 1.9% as we start the European session.
  • Kospi has fallen 2.40% and one of the worst performer in Asia.
  • Japan's benchmark Nikkei is now down 1.08% at the time of typing.
  • Looking ahead, we have another busy session with US Jobless the notable data release.
  • And once again, plenty of CB speakers, including Fed Powell/Kaplan/Bullard/Evans/Barkin/Evans, BoE Bailey and ECB Lane.
  • Biggest faller:
  • Kospi down 2.5% at 2,274.75
  • Hang Seng is down 2.04% at 23,253.0
  • Nikkei is down 1.08% at 23,095.0
MNI London Bureau | +44 203-865-3806 | fabrice.benhassine@marketnews.com