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Forex news from the European trading session – 2 June 2020
Headlines:
Markets:
– AUD leads, JPY lags on the day
– European equities higher; E-minis up 0.5%
Comments by China president Xi Jinping
– Will step up capability to test infectious diseases
– Will enhance research, development of new traditional Chinese medicine
For bank trade ideas, check out eFX Plus
Comments by German foreign minister, Heiko Maas
– We are preparing a decision for Cabinet tomorrow
– The aim is to lift travel warning for EU and some other countries
For bank trade ideas, check out eFX Plus
Comments by UK foreign secretary, Dominic Raab
– We oppose such an authoritarian security law
– We recognise China’s role in the world but it should live up to its responsibilities
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