China MNI Business Sentiment Indicator down to 52.3 in December from previous 52.7

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Jan 22, 2016

China A50 FTSE futures up by 0.4% ahead of Shanghai

China futures (A50 FTSE - benchmark for investors to access the China domestic market through A Shares – ) is trading up by 0.4% ahead of the Shanghai cash open, tracking the bid tone in Wall Street.

AUD/JPY targets R3 with neutral daily RSI

AUD/JPY has been pulled up on both USD/JPY and AUD/USD making tracks on a better risk-mood. The Aussie managed to reverse the downside of the double top in the US shift and spiked through the 200 sma on the hourly chart in a significant move considering that the major commodity currency has been suppressed by the ma since the start of the Chinese crisis in 2016.