China’s economy continued its rebound from the coronavirus pandemic, with a round of key data for August all coming in above expectations.
Tag - technical analysis
Asian equities advanced on Tuesday and the dollar slipped, with investor sentiment supported by Chinese data and optimism about COVID-19 vaccines.
Asian equity markets were somewhat mixed as the region only partially sustained the momentum from the firm US handover.
U.S. stocks are set to open markedly higher on reassurances from the pharma sector about progress in the hunt for a vaccine to fight the Covid-19 virus.
Eurozone March industrial production comes at 4.1% vs 4.2% m/m than expected
Risk looking positive as we enter European session.
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ECB President Lagarde offered EUR/USD a free pass to head higher.
ECB September forecasts see higher inflation in 2021, Lagarde says that there is no need to overreact to euro gains.