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Risk-on sentiment got a shot in the arm, as US President Donald Trump delayed by two weeks a tariff hike on Chinese goods that was initially slated for October 1, while China has exempted a list of US goods from a 25 percent tariff imposed last year. Following these events, most Asian stocks and currencies opened in the green. The offshore Yuan strengthened by some 0.3 percent to trade closer to 7.09 against the US Dollar, Gold fell by 0.6 percent to dip briefly below the psychological $1490 level, while the Japanese Yen weakened past the 108 mark against the Greenback.The latest... Read More
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