Equity markets in positive mood as trading officially gets underway 22 Aug
- FTSE +0.6%
- DAX +0.8%
- CAC +0.5%
- IBEX +0.7%
- FTMIB +0.5%
In China the SCI closed up +0.1%, CS1300 Index up +0.3%
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European equity markets open firmer 22 Aug
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- NZD has jumped after the RBNZ rate hike and indication that further rate risers are ahead
- RBNZ lifts OCR to 2.50% and flags more hikes as inflation risks linger
- RBNZ 25bp rate hike, as widely expected
- PBOC sets USD/ CNY mid-point today at 6.8077 (vs. estimate at 6.8018)
- RBA's Hunter says board will act as needed to return inflation to target
- South Korean shares climb out of opening hole, are back positive. Nikkei, ES and NQ all up
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