Wednesday, 15 January 2020

ASX Soars, Nikkei Snores. US-China Deal Has Uneven Stocks Impact

The ASX soared when China and the US signed their long-awaited phase-one accord. The Nikkei was much more sanguine even though Japan is a bigger Chinese partner than Australia, overall.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...