These days it seems like sentiments relating to the U.S.-Sino trade war have the ability to push markets one way or another as the wind blows.
The Pound Sterling gained ground during Tuesday trade though inherent weakness is limiting additional gains.
Britain’s service sector showed signs of stagnation in October, according to data released by IHS Markit.
The Asian trading session on Tuesday saw Monday’s rally continue, with all major benchmarks trading higher after a positive session on Wall Street on Monday
In mid-morning trade in London, the Pound Sterling saw little change versus the US Dollar but gained some ground against the Euro.
According to data released by The Sentix research group, the Eurozone investor’s morale grew up in November, hitting its highest level since last June.
The trading week started strong in Asia on Monday with all benchmark indexes trading higher, except for Japan’s Nikkei 225, which was closed for trading in celebration of a national holiday.
This week has a considerably lighter schedule than last week, with central bank input due only from the Bank of England and the Reserve Bank of Australia.
The US Dollar was under pressure and trading close to a 3-week trough in early trade in Asia.
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