XE Market Analysis: Europe – Nov 14, 2018

The Pound has extended gains on Brexit hopes, while the dollar has pulled back amid a backdrop of a mixed stock market performance in Asia. Japanese markets managed to outperform after yesterday’s slide, with a weaker Yen helping to underpin equity markets. USD-JPY is trading at 113.88 amid a broadly weaker yen. Chinese markets corrected some of yesterday’s gains as hopes of new U.S.-Sino trade talks started to fade, and mixed economic data once again put the spotlight on the slowing Chinese economy.