By Chris Becker
As the US/China trade talks look to resolve themselves soon, risk markets had a pause overnight with US stocks flat overnight while European equities rose sharply on the back of better than expected ZEW sentiment survey and UK job figures. Pound Sterling is cooling down as the potential for a longer term Brexit delay rises while currency traders wait for tonight’s FOMC meeting.
Looking first at the action on the Asian session yesterday, The Hong Kong Hang Seng Index eventually closed 0.2% higher to 29446 points, still climbing above last week’s breakout above 29000 points and setting up a return to the previous support level in early 2018 at 30000 points:
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