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HK News Push Risk Appetite Higher

Bourses in Asia were mostly higher on Monday morning after a local HK election revealed a change in sentiment participation has been more than 71 and showed a switch from Beijing which backed political involvement towards the local prodemocratic party. Local district council elections had been won with an 86 majority and gained 385 out of 452 seats., while the dollar also appreciated amid some optimism that the U.S. and China may be edging closer to a trade deal. We can see that further risk is on the table as gold shows signs of weakness and stock prices are seen strengthening further.