Asian shares, dollar becalmed awaiting trade news
Asian share markets were left in limbo on Wednesday as optimism over the U.S.-Mexico trade deal was quickly replaced by caution ahead of a looming deadline on tariffs with China. A flat finish on Wall Street and a dearth of major economic data across the region pointed to a quiet session ahead. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged up just 0.02 percent in early trade. Read More @ https://www.reuters.com/article/us-global-markets/asian-shares-dollar-becalmed-awaiting-trade-news-idUSKCN1LE01N?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29
WHAT IS THE TECHNICAL CHARTS SAYING ABOUT DOW & PSEi;
Both the DOW & PSEi are showing the same direction “UP” the risk is also there for a breakdown. I be cautious to engage the market until I see a clear break from the ASCENDING TRIANGLE for PSEi.
High Risk Investment Warning:
Please note that Forex and other leveraged trading involves significant risk of loss, It is not suitable for all traders and you should make sure you understand the risks involved, it is recommended that you seek an independent advice, if necessary.