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3 Jul 2013

China June HSBC China Services PMI improves to 51.3 vs 51.2

Jul 3, 2013

USD index easing off fresh 1-month highs

The USD index is currently easing from double fresh weekly highs around the 83.60 level in the spot DXY index, last nearing the 83.50 mark, on the back of broad strength of all other majors and commodities.
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Jul 3, 2013

All red across the Asia-Pacific

Local share markets are all trading in the deep red with no exception at the moment. Following a soft NY close for US equities, and a skyrocketing Oil price last above the $101.5 mark, at fresh 13-month highs, risk is definitely off in the region.
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