By Chris Becker
Friday night saw the return of confidence as the G20 meeting got underway in Osaka, with hope surrounding some sort of outcome of the trade spat between the US and China. Stocks on both sides of the Atlantic rose while currencies were relatively flat as oil, gold and Bitcoin in particular had wilder rides.
Looking at the closing action in Asia first, where the Shanghai Composite was unable to turn its recent bounce into a sustained trend, slipping almost 0.6% to be well back below the 3000 point barrier while the Hang Seng Index fell 0.3% to 28542 points. This is disappointing given that the daily chart was a presaging a breakout following the recent small dip after almost making a new daily high previously. However, the positive lead from risk assets on Friday should see a new daily high to start the trading week:
