By Chris Becker
US stocks stalled overnight as the USD firmed following another desperate night of Brexit drama which saw the UK Parliament ask for a delay, sending Pound Sterling down. It was new home sales data that rocked the risk appetite, while German and French CPI prints were on target but still muted.
Looking first at the action on the Asian session yesterday, the Hong Kong Hang Seng Index put in a scratch session, closing up only a few points to 28851, unable to continue its recent bounce off trailing ATR support on the daily chart. The next level to beat remains the former daily highs above 29000 proper, but momentum is slowing down here:
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