Monday 22nd July: Asian stocks lower on Monday after Fed signals lower rate cut

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Global Markets: Asian Stock Markets : Nikkei down 0.33%, Shanghai Composite down 0.82%, Hang Seng down 0.84%, ASX down 0.17% Commodities: Gold at $1427.45 (+0.05%), Silver at $16.38 (+1.13%), Brent Oil at $63.45 (+1.57%), WTI Oil at $56.38 (+1.35%) Rates : US 10-year yield at 2.055, UK 10-year yield at 0.736, Germany 10-year yield at … Continue reading Monday 22nd July: Asian stocks lower on Monday after Fed signals lower rate cut

Monday 22nd July: Weekly technical outlook and review.

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Key risk events today: BoJ Gov. Kuroda Speaks; RBA Assist Gov. Kent Speaks. EUR/USD: Weekly gain/loss: -0.44% Weekly close: 1.1220 Weekly perspective: Since November 2018, the weekly candles have been warring for position between long-standing demand at 1.1119-1.1295 and the 2019 yearly opening level (resistance) at 1.1445. Areas outside of the said barriers to be … Continue reading Monday 22nd July: Weekly technical outlook and review.

Friday 19th July: NY Fed President Williams’ comments renew market optimism

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Global Markets: Asian Stock Markets : Nikkei up 2.00%, Shanghai Composite up 0.77%, Hang Seng up 1.12%, ASX up 0.77% Commodities : Gold at $1443.05 (+1.05%), Silver at $16.48 (+1.76%), Brent Oil at $62.84 (+1.47%), WTI Oil at $55.86 (+1.01%) Rates : US 10-year yield at 2.047, UK 10-year yield at 0.760, Germany 10-year yield … Continue reading Friday 19th July: NY Fed President Williams’ comments renew market optimism

Friday 19th July: Greenback exploring ground beneath 97.00 as Federal Reserve member Williams surprised markets.

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Key risk events today: UK Public Sector Net Borrowing; Canadian Core Retail Sales m/m and Retail Sales m/m; US Prelim UoM Consumer Sentiment; FOMC Members Bullard Rosengren Speak. EUR/USD: Federal Reserve member Williams surprised markets Thursday with an extra dovish rendition, stating its better to take preventative measures on rates than to wait for a … Continue reading Friday 19th July: Greenback exploring ground beneath 97.00 as Federal Reserve member Williams surprised markets.

Thursday 18th July: Asian Markets Lower as Trade Sentiment Glooms

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Global Markets: Asian Stock Markets : Nikkei down 1.97%, Shanghai Composite down 0.76%, Hang Seng down 0.65%, ASX down 0.36% Commodities : Gold at $1423.25 (0.00%), Silver at $16.06 (+0.54%), Brent Oil at $63.73 (+0.11%), WTI Oil at $56.73 (-0.09%) Rates : US 10-year yield at 2.049, UK 10-year yield at 0.753, Germany 10-year yield … Continue reading Thursday 18th July: Asian Markets Lower as Trade Sentiment Glooms