Macro Afternoon

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Chinese markets came back after a very long weekend, with the Shanghai Composite gapping down to start before recovering to be up 0.3% to 2867 points, while the Hang Seng Index continued its bounceback to be up over 1% at 24145 points, bouncing off the recent daily lows at 23400 points:

Japanese share markets remain closed through to Wednesday with trading in the USDJPY pair getting weaker again, falling down to a new weekly low near the 106 handle:

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The ASX200 had a more pullback day, closing 0.4% lower at 5384 points, after being almost 1% lower at the beginning of the session. The Aussie dollar stabilsied a little above the 64 handle after its failure to make a new high overnight following the RBA meeting yesterday:

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Eurostoxx futures have slipped back, down 0.4% going into the London open while S&P futures are a little more vibrant with momentum behind the market on the four hourly charts, ready to advance past last week’s support level above 2850 points, ready to tackle 3000 once again: