Dollar is trading generally softer as it’s entering into an important week. There are a number of high profile events ahead, including US-China trade talk, FOMC rate decision and non-farm payrolls, as well as US government re-opening. But for today so far, Sterling is even softer as markets turns a bit cautious ahead of tomorrow’s Brexit debate in the commons. New Zealand Dollar is so far the strongest, followed by Yen and Australian Dollar. With such a picture, it’s easy to see the lack of direction in the risk markets.
In Asian markets:
- Nikkei closed down -0.60% at 20649.
- Hong Kong HSI is down -0.09%.
- China Shanghai SSE is down -0.18%.
- Singapore Strait Times is up 0.06%.
- Japan 10 year JGB yield is down -0.0022 at -0.002, turned negative