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The yen recovers against the greenback. A lot of it is the dollar story as the dollar is coming through softer today after already yesterday seeing its steepest drop since december. But we are also sing that recovery in the renminbi, offshore yen, they are moving towards the 7. 19 handle. This recovery could help take some pressure off the pboc when it fixes the yen on monday. But of course, we have been focusing on dollaryen. The recovery this week really being driven by what we got from what is seen as intervention, but also from the stop and the dollar and the moves in the past 20 hours have been fairly steady. That does not smell like intervention. Potentially, this is that extension of position trimming, especially when you consider this chart, which shows you one fraction of the fx universe. Lets put the board again. Lets take a look at what are the movers in the stock markets today. As you flagged, it is the tech sectors in focus and apple suppliers running higher. We are also s ....
For all the stocks. Looking at where the aussie dollar is, 65. 7 two cents. when it comes to ethics. The yen holding steady. Brent crude is just shy of 84. The energy names across asia, concerns continue to weigh on the demand side for oil looking like we are setting up for the weakest week in Oil Prices Since february as u. S. Inventories way and i miss concerns about opec policy of maintaining their stance, impacting these concerns about supply and demand in the market, belle. Annabelle yes, and also we have at the start of trading for korea, as we come online this morning. Japan is shut for the public holiday. We are posting gains at the open. A bit of curry on one strand. The dollar having its weakest session overnight a bit of strength for the korean won. What is playing into the theme for korean equities and was can play into the sea is that apple numbers. Lets look at how the some of those supplier stocks are coming onlin ....
Brussels pretensions brewing over the status of jerusalem jerusalem as israels couple no one can go far it doesnt appear peace that makes peace possible because recognizing reality is the substance of previous video made netanyahu tells e. U. Foreign ministers that countries like the u. S. Should recognize jerusalem as israels capital as we get an update from dresses. And see me a german politicians condemned the burning off israeli flags in but then thats off the pounds demonstrated in the german capital against president toms tuesday them decision. And a riddle to kid hits europe with a vengeance heavy still for grins for travel chaos but its of bringing to wonderland the song. Of the welcome to you im on the thought she. Israeli promise of Binyamin Netanyahu is in brussels meeting e. U. Foreign ministers this comes against the backdrop of international protests over the u. S. Decision to recognize twosome as the capital is ....