News Snapshot:
The yuan has risen to the highest level in 2 years; while the dollar weakened further on the prospect of Democratic Party victory. Checking yuan (right) and USD (left) at a bank in Anhui province, China. The Asian market has generally been driven more by market optimists wh‌o expect that the US will soon announce a package to support the world’s largest economy. Fawad Razaqzada, market analyst at TF Global Markets, said: “Stimulus packages of any size above $ 1.8 trillion - that’s what the White House has been proposing to bail out the economy. by Covid-19 - will bring...
