Wednesday 3rd July: Asian markets fall as trade enthusiasm fades

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Global Markets: Asian Stock Markets : Nikkei down 0.61%, Shanghai Composite down 0.98%, Hang Seng down 0.27%, ASX up 0.49% Commodities: Gold at $1429.80 (+1.55%), Silver at $15.38 (+0.90%), Brent Oil at $62.54 (+0.22%), WTI Oil at $56.39 (+0.25%) Rates : US 10-year yield at 1.950, UK 10-year yield at 0.728, Germany 10-year yield at … Continue reading Wednesday 3rd July: Asian markets fall as trade enthusiasm fades

US Independence Day Holiday Schedule 2019

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Dear Trader, Please find our Updated trading schedule and general information for the US Independence Day Holiday starting Wednesday, 3rd July 2019 below. All times mentioned below are Platform time (GMT +3). If you have any questions or require any assistance, please contact one of our support team members via Live Chat, email: support@icmarkets.com, or phone +61 (0)2 8014 4280. Forex  (Wed) … Continue reading US Independence Day Holiday Schedule 2019

Wednesday 3rd July: Safe-haven assets push higher amid concerns over Federal Reserve rate policy and Trump trade wars.

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Key risk events today: Australian Building Approvals and Trade Balance; UK Services PMI; MPC Member Broadbent Speaks; US ADP Non-Farm Employment Change; Canadian Trade Balance; US ISM Non-Manufacturing PMI. EUR/USD: In recent sessions, the EUR/USD spiked above 1.13 on the H4 following headlines via Bloomberg the European Central Bank (ECB) policymakers see no need to … Continue reading Wednesday 3rd July: Safe-haven assets push higher amid concerns over Federal Reserve rate policy and Trump trade wars.

Tuesday 2nd July: Asian Shares Mixed as Investors Seek Progress in Renewed US-China Trade Negotiations

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Global Markets: Asian Stock Markets : Nikkei up 0.11%, Shanghai Composite down 0.24%, Hang Seng up 1.25%, ASX up 0.077% Commodities: Gold at $1394.45 (+0.37%), Silver at $15.21 (+0.13%), Brent Oil at $65.28 (+0.34%), WTI Oil at $59.17 (+0.14%) Rates : US 10-year yield at 2.015, UK 10-year yield at 0.818, Germany 10-year yield at … Continue reading Tuesday 2nd July: Asian Shares Mixed as Investors Seek Progress in Renewed US-China Trade Negotiations

Tuesday 2nd July: Dollar index eyes 97.00 amid improved market sentiment.

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Key risk events today: RBA Cash Rate and Rate Statement; OPEC-JMMC Meetings; FOMC Member Williams Speaks; RBA Gov. Lowe Speaks. EUR/USD: The US dollar index reigned supreme Monday, and the bid in safe-haven assets unwound after the outcome of the G20, with JPY, CHF and XAU seeing outflows. Data imbalance also favoured the buck, with … Continue reading Tuesday 2nd July: Dollar index eyes 97.00 amid improved market sentiment.