Shanghai Comp to open down 6.4%

FXStreet (Bali) - Shanghai Comp is set to open down 6.4%, an early indication that has eased substantially the existing improved sentiment, while Hang Seng is set to open down 0.6%.

PBOC to inject 150bn yuan via 7-day reverse repos

PBOC has announced that it will inject 150bn yuan via 7-day reverse repos, a decision that should underpin the existing improved sentiment currently seen in Asian markets as more liquidity is available.
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USD/JPY bulls taking control on a recovery on 119 handle

USD/JPY is currently trading at 119.38 with a high of 119.51 and a low of 118.24.
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