(26 JUNE 2020)DAILY MARKET BRIEF 2:The EURUSD sees dip-buying

<p>Still, shares in Hong Kong (-0.57%) ticked lower, but gains were dominant elsewhere. The ASX 200 and Nikkei advanced 1.55% and 1.40% respectively, as Kospi gained 1.17%. Having managed to rapidly reverse earlier losses on Thursday, the European indices are set for a positive start to the last trading day of the week. The FTSE 100, more shaken than injured, will likely close the week flat above the 6200p mark. WTI crude rebounded from $37 per barrel and prepares for another attempt above $40. But fears of further damage to the global oil demand could eclipse that caused by the optimism of seeing more fiscal and monetary stimuli and cap the upside potential above the $40 mark. Robust demand in safe haven assets tells that investors remain prudent despite a synthetically boosted risk appetite. Gold remains bid above the $1750 per oz as the downside risks in equities prevail on the back of a clear negative bias in global news. Meanwhile, the depressed US yields give a further support to th</p>