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China's CSI 300 Rises for Seventh Consecutive Session and Offshore Yuan Strengthens for the Sixth Session

From marctomarket.com

The dollar is trading quietly after being sold yesterday. It is still soft against the dollar bloc and the Swiss franc but is firmer against the other G10 currencies. Narrow ranges have dominated. Emerging market currencies are mixed, with central European currencies and the Taiwan dollar trading softer. The offshore Chinese yuan is firmer for the sixth consecutive session. The highlights of today's North American session features minutes from last month's FOMC meeting, a $16 bln sale of 20-year Treasuries, and Nvidia's earnings. Most large equity markets in the Asia Pacific region fell but Hong Kong and China. The ... (full story)

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  • Category: Fundamental Analysis