about 6 years ago
XE Market Analysis: Europe - Dec 09, 2013
By: XE Market AnalysisAsia markets were mostly in risk-on mode following stronger than expected China exports and biggest trade surplus since 2009, which helped offset sub-expectations Japanese GDP while backing up Friday's solid U.S. jobs report. The AUD popped higher in early trade, though failed to sustain gains, and moderate yen weakness following disappointing Japanese GDP figures, which has revived market talk about the possibility of fresh monetary stimulus by the BoJ, has been the main theme in pre-European open trade in Asia. Read more
, Canada (1%) and the Bank of England (.5%). None of these moves were unexpected. All three economies are growing, albeit it below potential.&p[images][0]=https://xecommunityassets.s3.amazonaws.com/australia-inflation-cpi_0.png){kind=link}
