By Chris Becker
Stocks came back on both sides of the Atlantic overnight despite a fall in USD, positive sentiment building due to the Hong Kong situation changing for the better, while Boris had another failure in his Brexit plans. Bond markets were relatively stable while gold continued to leap to new highs, with commodity prices also finally getting some traction.
Looking at the action on Asian markets yesterday, where the Shanghai Composite ramped up into the close to finish nearly 1% higher at 2957 points while the Hang Seng Index lifted up into the stratosphere, closing 4% higher to 26559 points, all on the back of the extradition bill being rescinded. Pressure has lifted swiftly to bounce off the terminal low just below 25000 points and could fill in quickly if the protests actually end, so the next target to watch is the 27000 point resistance level overhead:
