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Asia is waking up to a sharply higher USD

Eamonn Sheridan
05/07/2022 | 22:49 GMT

The morning bank notes are focusing on the Tuesday price responses to growing recession fears:

  • lower oil
  • higher USTs
  • higher USD
  • steady yen

With a bare data agenda Asia is awaiting headlines and China's opening for direction.

Euro crumble ... the news for Europe on gas is dire. This, for example:

  • Germany: "entire industries are in danger of permanently collapsing" (re Russian gas cuts)
  • The risk of a European natural gas crisis are rising
euro 06 July 2022

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