S&P 500 Retraces at Key Resistance, Hang Seng Faces a Pullback

The S&P 500 index dropped nearly 1% overnight as tech stocks plunged. Asia-Pacific equities are set to follow lower. Singapore’s 2Q GDP fell -12.6% year-on-year.

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US Dollar, USD/SGD Gain. Singapore Enters Recession on Record GDP Drop

The USD/SGD rose as Singapore’s economy entered a technical recession after the worst contraction in GDP on record. What’s next for the Singapore Dollar and the Straits Times Index?

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S&P 500 Retraces at Key Resistance, Hang Seng Faces a Pullback The S&P 500 index dropped nearly 1% overnight as tech stocks plunged. Asia-Pacific equities are set to follow lower. Singapore’s 2Q GDP fell -12.6% year-on-year. from DailyFX – Market News via IFTTT

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AUD/USD Rate Outlook Mired by Failure to Test 2020 High AUD/USD may continue to consolidate ahead of Australia’s Employment report amid the failed attempt to test the 2020 high (0.7064). from DailyFX – Market News https://bit.ly/2WiY1e2 via IFTTT from WordPress https://bit.ly/2DBOpoh via IFTTT

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AUD/USD Rate Outlook Mired by Failure to Test 2020 High AUD/USD may continue to consolidate ahead of Australia’s Employment report amid the failed attempt to test the 2020 high (0.7064). from DailyFX – Market News https://bit.ly/2WiY1e2 via IFTTT from WordPress https://bit.ly/2WgsdXv via IFTTT

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