 Sterling rises broadly today after better than expected GDP data, even though upside momentum is weak so far. Dollar is paring some of the post-CPI gains as over sentiment, while weak, seems to be stabilizing. As for the week, Yen is the worst performing one, followed by Euro and Dollar. Aussie is the strongest one, followed by Kiwi and the Pound. There are still rooms to swap some places, depending on how US stock and bond markets end. In Europe, at the time of writing, FTSE is down -0.67. DAX is down -0.27%. CAC is down -1.10%. Germany 10-year yield is down -0.025 at 0.260. Earlier in Asia, Hong Kong HSI dropped -0.07%. China Shanghai SSE dropped -0.66%. Singapore Strait Times rose 0.03%. Japan was on holiday. |
