Asian markets are trading in positive territory after comments from the Chinese Securities Regulator. The Chinese authorities announced that they would start buying back shares, mergers and acquisitions. In addition, Donald Trump commented that it provides a "great deal" with China in terms of tariffs. As a result of the comments, Asian shares rose slightly.
During the Asian session, important economic news was missing to influence the European stock market today.
In Australia and Japan, stocks are on the rise, while Hong Kong remains neutral. Here are the main movements during the Asian session:
On the Risk On FX market the moods were in vogue. AUD and NZD continue to adjust, which will again lead to good prerequisites for adding to long-term short positions. Contrary to the stock market sell-offs in China and worries about the country's growth, JPY and CHF recorded slight declines. The graph below shows the main moves:
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