Forex news for Asia trading on
stock markets opened higher on the session today following more
efforts from authorities to calm markets including:
securities regulator met with executives of major investment banks
on Wednesday night
positive stock market items in Chinese financial media Thursday
People’s Bank of China injected liquidity into the banking system
on Thursday morning
of chatter about state-linked funds buying
news flow intensified with:
considering further action as cases mount
mandates, public and private, being reintroduced in the US,
particularly for areas lagging in vaccinations
largest city, Sydney, saw a big rise in cases and further tightening
yen has gained during the session, USD/JPY hit lows under 109.70.
EUR, GBP and CAD are all up a little against the dollar also, to
varying extents (none recorded large ranges). AUD and NZD lagged a
little and are not a lot changed.
Bitcoin traded just under $40k.
Shanghai Comp (5 min bars)