Global Markets: Asian Stock Markets : Nikkei up 0.65%, Shanghai Composite down 1.03%, Hang Seng down 0.08%, ASX up 0.99% Commodities : Gold at $1276.85 (-0.20%), Silver at $14.86 (-0.36%), Brent Oil at $74.69 (+0.16%), WTI Oil at $65.89 (0.00%) Rates : US 10-year yield at 2.522, UK 10-year yield at 1.177, Germany 10-year yield … Continue reading Thursday 25th April: Asian markets mostly lower
EUR/USD: Starved of support, the single currency fell sharply vs. its US counterpart Wednesday, down 0.77% as of writing. Capital continued to bolster the US dollar, forcing the dollar index, or ‘DXY’, above weekly resistance at 97.72 to fresh 2019 highs of 98.19. The euro was also affected by the move in German bonds and … Continue reading Thursday 25th April: Dollar extends advance and refreshes 2019 yearly highs
Dear Trader, WARNING: Potentially hazardous market conditions – Japanese golden week Japan has an extended spring vacation, ‘Golden Week’, from 27th April to 6th May. This will be the longest market closure since the end of World War II, creating potentially hazardous market conditions due to the low liquidity expected across all markets during Asian hours. … Continue reading WARNING: Potentially hazardous market conditions – Japanese golden week
Global Markets: Asian Stock Markets : Nikkei down 0.33%, Shanghai Composite down 0.21%, Hang Seng down 0.55%, ASX up 0.94% Commodities : Gold at $1271.85 (-0.11%), Silver at $14.76 (-0.22%), Brent Oil at $74.23 (-0.38%), WTI Oil at $66.01 (-0.44%) Rates : US 10-year yield at 2.554, UK 10-year yield at 1.225, Germany 10-year yield … Continue reading Wednesday 24th April: Asian markets lower despite positive feedback from Wall Street
Capital flooded into US markets Tuesday as many traders returned from the long holiday weekend. The US dollar index, or ‘DXY’, refreshed 2019 highs at 97.78, though is likely to find fresh opposition nearby at 97.72, a long-standing weekly resistance.
