Sunday, 14 June 2020

Nikkei 225 and ASX 200 Break Uptrends, HSI Reverses At Resistance

The return of risk aversion has seen the ASX 200 and Nikkei 225 slice through their respective 12-week uptrends, as Hong Kong's Hang Seng Index falls just shy of the 200-day moving average.

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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...