XE Market Analysis: Europe – May 20, 2019

The Australian Dollar surged nearly 1% following the unexpected election victory of the centre-right Liberal National Coalition at the weekend election in Australia. The development also sharped a 1.7% closing gain in the ASX 200 index, which has strongly outperformed the rest of the Asia-Pacific region today. The MSCI Asia-Pacific (ex-Japan) index has gained 0.6%, with markets finding some reprieve after the index tumbled 3% last week and posting a near four-month low on Friday. Investors continue to take stock of the mix of geopolitical issues that are dominating sentiment. The U.S.

Source: XE news feed
XE Market Analysis: Europe – May 20, 2019