Forex news for Asia trading Monday 7 March 2016
Monday in Asia
Weekend:
Minor movements across forex today as we await the week to begin in Europe and the US. Remarks out of China’s leadership at the National People’s Congress and associated forums over the weekend (and continuing into today, the Congress goes until March 14) were cited as contributing to gains in Chinese financial markets, with stock and futures markets climbing despite a ratcheting lower of the GDP growth target for this year to a 6.5-7% range, which I guess means 6.5%