Global Markets: Asian Stock Markets : Nikkei up 0.34%, Shanghai Composite up 1.42%, Hang Seng down 0.06%, ASX down 0.06% Commodities : Gold at $1285.65 (+0.11%), Silver at $14.59 (+0.25%), Brent Oil at $67.48 (+0.01%), WTI Oil at $58.42 (-0.66%) Rates : US 10-year yield at 2.324, UK 10-year yield at 0.959, Germany 10-year yield … Continue reading Monday 27th May: Asian markets largely flat; Pro-Europe gains in EU elections
EUR/USD: Weekly gain/loss: +0.42% Weekly close: 1.1203 Weekly perspective: Following a borderline breach to the lower edge of a long-standing demand at 1.1119-1.1295, EUR/USD bulls went on the offensive last week. Upside from this point shows room for extension to as far north as the 2019 yearly opening level at 1.1445, whereas a move lower … Continue reading Monday 27th May: Weekly technical outlook and review – US and UK bank closures today
Global Markets: Asian Stock Markets : Nikkei down 0.16%, Shanghai Composite up 0.39%, Hang Seng up 0.45%, ASX down 0.55% Commodities : Gold at $1284.45 (-0.07%), Silver at $14.56 (-0.35%), Brent Oil at $68.47 (+1.05%), WTI Oil at $58.52 (+1.05%) Rates : US 10-year yield at 2.322, UK 10-year yield at 0.942, Germany 10-year yield … Continue reading Friday 24th May: Asian markets continued to trade mixed on lingering trade concerns
EUR/USD: Latest economic reports came in largely disappointing, with service and manufacturing slowing in Germany and the Eurozone. The German IFO also echoed a negative tone, coming in much lower than expected. Despite this, after dropping to a fresh yearly low against the US dollar, the EUR/USD witnessed a sharp change in mood, fuelled by … Continue reading Friday 24th May: US core durable goods orders eyed amid a light economic calendar today.
Global Markets: Asian Stock Markets : Nikkei down 0.62%, Shanghai Composite down 1.19%, Hang Seng down 1.66%, ASX down 0.29% Commodities : Gold at $1273.65 (-0.04%), Silver at $14.44 (-0.04%), Brent Oil at $70.36 (-0.89%), WTI Oil at $60.88 (-0.88%) Rates : US 10-year yield at 2.378, UK 10-year yield at 1.008, Germany 10-year yield … Continue reading Thursday 23rd May: China loses on trade, India gains on election results
