By Krishna K — Sep 07 - 01:20 AM
AUD/USD down 0.3%, nears 9-month low of 0.6358 as risk aversion grips Asia
China's exports, imports fall as pressures persist, weigh on risk mood
ASX 200 -1.3%, Shanghai Composite-0.6%, CNY hits 9-mth low, all weigh on AUD
Dalian iron ore drops 1.8%, down 3% from day high, undermines AUD sentiment
Talk China state planner NDRC met with futures companies on iron ore markets
China seeks to broaden Apple IPhone ban to state firms and agencies-BBG News
Likely to weigh on tech stocks in Wall Street; Apple closed 3.7 lower Wed
Robust U.S. economic data, inflation concerns add to pressure on AUD
Support 0.6350-60, 0.6290-0.6300, resistance 0.6400-05, 0.6425-30
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary