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European Open: Bullish Candles Form on European Indices Matt Simpson May 14, 2021 5:14 AM Asian equities were mostly higher overnight thanks to a positive lead from Wall Street, after Fed members calmed market nerves of rising inflation, helping equities to snap a three-day losing streak. Share: Asian Indices: Australia's ASX 200 index rose by 64.9 points (0.93%) and currently trades at 7,047.60 Japan's Nikkei 225 index has risen by 528.72 points (1.92...

Swiss franc yawns as Manufacturing PMI rises Posted 2 hours agoSharePrint The Swiss franc is almost unchanged at the start of the week. In European trade, USD/CHF is trading at 0.9137, up 0.07%. The US dollar posted strong gains on Friday. USD/CHF fell by 0.45%, its sharpest one-day loss in a month. The US currency received a boost as international investors bought up US Treasuries in month-end rebalancing flows. Swiss Manufacturing PMI rises The week started on a positive note, as Swiss Manufacturing PMI accelerated for a six straight month, rising from 66.3 to 69.5 points. A recovery in the...