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China gives tax breaks on Shenzhen-Hong Kong stock link - Xinhua

Headlines crossing the wires via Livesquawk reminding markets that the Hong Kong - Shenzhen Stock link will be launched on Monday.

Additional headlines from Xinhua news agency on the stock link note that profits made by individual investors from the link between the Shenzhen and Hong Kong stock exchanges will be temporarily exempted from personal income tax, according to the finance ministry.

AUD/JPY dips below hourly 50-MA

The AUD/JPY cross dipped below the hourly 50-MA levels of 84.45 in Asia after having failed near 84.80 levels twice in the last two days. Double top
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Ex-Fed’s Bernanke: Fed contemplating interest rate increases a good sign

Speaking at a conference in Beijing this Friday, former Fed chairman Ben Bernanke expressed his take on Fed’s outlook on the interest rates. Key Head
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