Asian Open: EUR/JPY Probes 3-Month Low
Matt Simpson July 18, 2021 11:17 PM
The Japanese yen remains the strongest currency this month. With equity markets on the back foot we’re keeping an eye on EUR/JPY for a potential bearish breakout. Share:
Asian Futures:
Australia’s ASX 200 futures are down -26 points (-0.35%), the cash market is currently estimated to open at 7322.1
Japan s Nikkei 225 futures are down -220 points (-0.79%), the cash market is currently estimated to open at 27783.08
Hong Kong s Hang Seng futures are down -240 points (-0.86%), the cash market is currently estimated to open at 27764.68
European Friday close:
Australia shares end flat as major banks weigh
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Australia Market ends flat
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Miners climb as BHP jumps 1.8% NSW state sees biggest daily rise in COVID-19 cases for year (Updates to close)
July 8 (Reuters) - Australian shares ended modestly higher on Thursday, supported by mining and tech stocks, although concerns over the economic impact of coronavirus-led lockdowns in the country limited gains.
The S&P/ASX 200 index rose 0.2% to 7,341.4 at the close of trade. During the session, the benchmark touched its highest level since June 18.
Australia’s most populous state, New South Wales (NSW), on Thursday reported its biggest daily rise in locally acquired cases of COVID-19 for the year.
“Logically speaking, I would think that we’re probably going see another extension of the lockdown. I don’t think next week is the last part,” said Mathan Somasundaram, chief executive officer of Deep Data Analytics.