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
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.
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
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.
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
