news for Asian trading on
23 October 2023

continued in the Middle East with continuing air strikes into Gaza,
Hezbollah attacks from Lebanon and missile strikes on two airports in
Syria. In more encouraging news, truck convoys entered Gaza with some
aid supplies. The lack of serious escalation provided some relief for
markets, seeing some flows back into ‘risk’ (US equity index
futures popped on the Globex reopen for the week, for example) while
some of the premium was sapped from oil, gold and the CHF.

popped above 150.10 very briefly in very early trade in Asia on
Monday. The pop was almost instantly reversed and subsequently the
pair have stalled back around 149.80/90 or so for most of the
session. As I post the pair is circa 149.93.

dribbled a little lower, in a small range.

equities remained under pressure.

Kong and New Zealand markets were closed for a holiday Monday.

Bitcoin traded higher also: