20 August 2020
3 min read
Fed's Fault - Risk Off
Very much a risk off session in Asia.
Blame the Fed for revealing what we already knew.
We'll come back to that in a sec.
Let's take a look at the markets.
At 06.45 BST
ASX (-0.8%)
Nikkei (-1.05%)
KOSPI (-3.6%)!!
King Dollar has returned! For now at least.
DXY back above 93.
GBP fell back below 1.31, EUR hit 1.1820, & JPY back above 106.
European markets are set to open lower;
European Opening Calls:#FTSE 6033 -1.29%#DAX 12806 -1.32%#CAC 4906 -1.43%#AEX 553 -1.35%#MIB 19834
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