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Yen Remains Bid, While Macri's Loss in Argentina Weighs on Struggling Mexican Peso

From marctomarket.com

China again tried to temper the downside pressure on the yuan, and this appears to be helping the risk-taking attitude. Many centers in Asia were closed today, including Japan and India, though most of the other equity markets advanced modestly, including China, Korea, and Australia. Europe's Dow Jones Stoxx 600 opened firmer but is staddling little changed levels unable to stain any upside momentum. Italian equities, including bank shares, are struggling to stabilize after the pre-weekend drubbing amid political anxiety. There is an attempt by the Five Star Movement and the center-left PD to reach an agreement that ... (full story)

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  • Category: Fundamental Analysis