6:49 AM · 4 November 2020

More reasons to be optimistic?

Meanwhile, on the data front, we have positive surprises today: Australian retail sales came in above expectations and much better data from the Asian services sector. First of all, a huge positive surprise regarding the service sector in India, where the pandemic is still taking its toll.

Source: Bloomberg

Moods in Asia may not be as strong as on Wall Street, but both the Japanese JAP225 and the Korean KOSP200 continue their strong upward movements.

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