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07 August 2017 at 7:37 GMT
From the Floor: Asian shares rally on US jobs, iron ore — #SaxoStrats
#SaxoStrats- • Stronger-than-expected US nonfarm payrolls boost Asian equity markets
- • US jobs report provided excuse for USD correction, putting yields in focus: Hardy
- • After Friday jump, USD did not get further momentum in Asia: Horchani
- • EURUSD could be headed for sideways trading this week
- • GBPUSD struggling in key 1.3000-1.3050 area
- • Chinese iron ore prices leapt, lifting Australian miners' shares
- • Hong Kong is best-performing equity market in 2017: Garnry
- • Fear of higher yields is on the rise, but so far reaction is very limited: Fasdal
- • Hard to see a swift push upward in yields, c-banks will be gentle
- • Rangebound macroeconomic environment fertile ground for bonds
From the Floor will return to its full format on August 14.