Monday 3rd June: Markets lower as trade situation worsens

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Global Markets: Asian Stock Markets : Nikkei down 0.92%, Shanghai Composite down 0.37%, Hang Seng down 0.27%, ASX down 1.19% Commodities : Gold at $1314.90 (+0.29%), Silver at $14.58 (+0.10%), Brent Oil at $61.24 (-1.21%), WTI Oil at $53.08 (-0.79%) Rates : US 10-year yield at 2.130, UK 10-year yield at 0.887, Germany 10-year yield … Continue reading Monday 3rd June: Markets lower as trade situation worsens

Friday 31st May: US announced a 5% tariff on all goods coming from Mexico; intensifying volatility in early trade.

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EUR/USD: For traders who read Thursday’s morning brief you may recall the report underlined H4 resistance at 1.1142 (a Quasimodo support-turned resistance formation) as a potential area price may turn lower from (snippet taken from yesterday’s report): Short-term movement (H4), on the other hand, offers a possible shorting opportunity from resistance at 1.1142 (a Quasimodo … Continue reading Friday 31st May: US announced a 5% tariff on all goods coming from Mexico; intensifying volatility in early trade.

Thursday 30th May: Asian markets lower as risk sentiment sours

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Global Markets: Asian Stock Markets : Nikkei down 0.42%, Shanghai Composite down 0.83%, Hang Seng down 0.52%, ASX down 0.82% Commodities : Gold at $1276.50 (-0.35%), Silver at $14.35 (-0.41%), Brent Oil at $68.16 (+0.43%), WTI Oil at $59.23 (+0.71%) Rates : US 10-year yield at 2.268, UK 10-year yield at 0.900, Germany 10-year yield … Continue reading Thursday 30th May: Asian markets lower as risk sentiment sours