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AUD/USD stays calm around 0 7700 ahead of US inflation data

AUD/USD pares majority of daily gains ahead of 10-year US note auction, stays above 0 7700

MBS Week Ahead: Weak Range Persists; Minimal Impact From Stimulus Passage

MBS Week Ahead: Weak Range Persists; Minimal Impact From Stimulus Passage
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Asian Stock Market: Trades mixed as off in China, Japan tames risks from Biden-Xi call

Asian Stock Market: Trades mixed as off in China, Japan tames risks from Biden-Xi callNEWS | 2/11/2021 4:38:32 AM GMT | By Anil Panchal Asian shares pause the previous rally as trade/political challenges renew. Biden keeps old terms with China, Beijing warns America not to meddle in issues over Taiwan, Xinjiang and Hong Kong. Aussie data came in positive, Treasury Secretary praised economic recovery but off in China, Japan weighs on sentiment. Asian equities are in stasis as off in China and Japan tames challenges to risks emanating from Biden-Xi call during early Thursday. Even so, the progress of the US stimulus talks and Fed Chair Powell’s readiness to act keeps the market mildly positive. Against this backdrop, MSCI’s index of Asia-Pacific shares outside Japan rises 0.12% near the record top marked the previous day by press time.

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