By Chris Becker
Risk markets were dominated overnight by the fully expected rate rise from the US Federal Reserve, with volatility on currency markets overshadowed by stocks pulling back, particularly on Wall Street.
Recapping Asia’s session yesterday where the Shanghai Composite came back stronger and closed nearly 1% higher to just above 2800 points, starting to build confidence here as the stability in Yuan comes into play. Momentum has now flipped to the positive, suggesting this bounce could lift higher to 2900 points:
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