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Crushing Olympic passion along Chinese results uplift Asian equities

FXstreet.com (Chicago) – The Nikkei 225 started the week strong after market participants triggered a bullish sentiment on Olympic win against Istanbul and Madrid.

Tokyo’s victory

One of the tightest races the International Olympic Committee has ever known made Tokyo the 2020 Olympics host leaving behind 2nd-time loser, Madrid, along Buenos Aires and Istanbul.
The Hang Seng 40 strengthened 0.66% at opening. The Nikkei fueled by Olympic passion opened up 3.6% and now trades 2.03% higher. In Australia, the S&P ASX 200 edges 0.13% higher while the All Ordinaries is up 0.15%. In Taiwan, the TSEC 50 Index is down 0.32% while the Mumbai Sensex prints 1.53% gains.

AUD/CAD capped below 0.9600 after elections in Australia

The AUD/CAD foreign exchange cross rate is last quoted at bids 0.9561 unchanged for the day so far off recent session highs at 0.9600 following changing government in Australia after this weekend elections.
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