Shanghai: SSE Composite Index (.SSEC) composite index falls to lowest since March 2016

Shanghai: SSE Composite Index (.SSEC) composite index falls to lowest since March 2016 Asian stocks declined sharply in June amid higher global bond yields and mounting China-U.S. trade friction that threatened global economic growth. In the first half of 2018, the MSCI Asia-ex-Japan index fell 5.4 percent, marking its biggest drop in five years. The Asian…

Forex Morning Briefing

Forex Morning Briefing $DXY, $EUR, $GBP, $JPY, $AUD Commentary: Again, .DXY wedkened, EUR strengthened. PE The US Dollar (.DXY) Index at 94.71, seen testing support at 94.5 on daily lines and candles. 94.2 is also an important support mark which could slow the current fall in .DXY. A break below 94.2 would be Bearish near term. EUR (Euro) at 1.1656): A migration deal…