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USD/CNH Eyeing Break Back Below 6.7800


A$ Rallies On More Hawkish RBA Outlook


Bounce Considered Corrective

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Rebound Across The Board

  • Asian stocks closed stronger, with Japan's NIKKEI up 697.49 pts or +2.41% at 29663.5 and the TOPIX up 37.99 pts or +2.04% at 1902.48. China's SHANGHAI closed up 42.32 pts or +1.21% at 3551.4 and the HANG SENG ended 472.36 pts higher or +1.63% at 29452.57.
  • European equities are higher, with the German Dax up 155.13 pts or +1.13% at 13966.6, FTSE 100 up 110.85 pts or +1.71% at 6590.01, CAC 40 up 92.53 pts or +1.62% at 5785.2 and Euro Stoxx 50 up 54.73 pts or +1.51% at 3693.79.
  • U.S. futures are higher with tech rebounding strongly: Dow Jones mini up 320 pts or +1.04% at 31232, S&P 500 mini up 43.5 pts or +1.14% at 3852.75, NASDAQ mini up 186.5 pts or +1.44% at 13097.5.

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