By Chris Becker
A muted night on risk markets with US stocks retreating and European bourses treading water as continued Brexit and US/Chinese trade talks have stalled – or at least no news is being positioned as bad news. The USD remained relatively strong overnight, with the only standout being continued falls in the Aussie dollar in the wake of the coal ban by China .
Looking first at the action on the Asian session yesterday, the Hong Kong Hang Seng Index has continued its bounce back with another solid move higher, closing up 0.4% to 28596 points. This rally is continuing well making new daily highs after previously clustering for awhile around the 28500 resistance level, with the target being 30,000 points:
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