Global Markets: Asian Stock Markets : Nikkei up 0.20%, Shanghai Composite up 0.37%, Hang Seng up 0.08%, ASX down 0.52% Commodities: Gold at $1414.35 (+0.15%), Silver at $15.23 (-0.03%), Brent Oil at $66.56 (-0.24%), WTI Oil at $59.95 (-0.43%) Rates : US 10-year yield at 2.124, UK 10-year yield at 0.831, Germany 10-year yield at … Continue reading Monday 15th July: Asian markets edge higher as Chinese economic data meets expectations
Category: Recent
Monday 15th July: Weekly technical outlook and review.
Strengthened on the back of USD selling across the board Friday, the British pound rose higher and revisited supply fixed from 1.2588-1.2568. What’s interesting from a technical perspective is the area residing north of the supply.
Friday 12th July: Asian markets edge up as Singapore flirts with recession
Global Markets: Asian Stock Markets : Nikkei up 0.20%, Shanghai Composite up 0.53%, Hang Seng up 0.22%, ASX down 0.29% Commodities : Gold at $1408.55 (+0.13%), Silver at $15.15 (+0.04%), Brent Oil at $67.00 (+0.72%), WTI Oil at $60.60 (+0.66%) Rates : US 10-year yield at 2.127, UK 10-year yield at 0.837, Germany 10-year yield … Continue reading Friday 12th July: Asian markets edge up as Singapore flirts with recession
Friday 12th July: Dollar index steady around 97.00 ahead of producer price index release.
Key risk events today: MPC Member Vlieghe Speaks; US PPI m/m and Core PPI m/m. EUR/USD: The US dollar set the tone Thursday, with CPI inflation figures coming in better than expected. This weighed on the EUR/USD, topping out just south of the 1.13 handle at a H4 supply area drawn from 1.1288-1.1273. Traders short … Continue reading Friday 12th July: Dollar index steady around 97.00 ahead of producer price index release.
Thursday 11th July: Asian markets rise on renewed hopes of Fed’s rate cut
Global Markets: Asian Stock Markets : Nikkei up 0.46%, Shanghai Composite up 0.01%, Hang Seng up 0.70%, ASX up 0.39% Commodities: Gold at $1422.85 (+0.73%), Silver at $15.27 (+0.31%), Brent Oil at $67.27 (+0.39%), WTI Oil at $60.69 (+0.43%) Rates : US 10-year yield at 2.042, UK 10-year yield at 0.766, Germany 10-year yield at … Continue reading Thursday 11th July: Asian markets rise on renewed hopes of Fed’s rate cut