In Asia, stock markets traded for the most part with declines, mainly due to Wall Street cuts and concerns about the trade war. If we look at emerging markets through the Fed's prism, the negative foundation is growing. The resilience of the US central bank to continue raising interest rates has had a negative impact on developing economies, as their debt is largely in USD.
During the Asian session, there were no major events that could influence the start of European exchanges. Here are the main movements in Asia:
FX Market - Better data on New Zealand's retail sales and Australian consumer sentiment managed to raise NZD and AUD, while Trump's comments on "fast rise" rates managed to lower USD against major currencies. The rumors that the ECB will raise interest rates earlier than expected still manage to support the United Currency. Currently, the EUR traded 0.17% higher than the USD. Here are the other FX moves:
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