Entering into US session, Australian Dollar is trading as the strongest one for today, as helped by easing risk aversion/return of risk appetite. China Shanghai SSE rose 2.47% to close at 2815.11 and it looks like 2700 key psychological level is now defended well. Nikkei closed up 1.21%, Hong Kong HSI up 1.32% Singapore Strait Times rose 1.16%. European Indices are also solid. At the time of writing, DAX is up 0.2%, CAC up 0.5%, FTSE up 0.4%.
Sterling is trading as the second strongest and markets seemed to be cheering the resignation of Brexit Minister David Davis. Former Minister of State for Housing Dominic Raab is appointed as the new Brexit Minister. Davis’ departure is probably the best for him and PM Theresa May.
Meanwhile, Dollar is trading as the weakest one, followed by the Japanese Yen.
