Global Markets: Asian Stock Markets : Nikkei down 0.71%, Shanghai Composite up 0.18%, Hang Seng down 0.74%, ASX up 0.29% Commodities : Gold at $1284.95 (-0.21%), Silver at $15.07 (-0.11%), Brent Oil at $66.16 (+0.26%), WTI Oil at $56.27 (+0.09%) Rates : US 10-year yield at 2.692, UK 10-year yield at 1.221, Germany 10-year yield … Continue reading Thursday 7th March: Asian markets still lower as uncertainity over trade deal continues
The Australian economy grew by 0.2% in seasonally adjusted chain volume terms in the December quarter, missing a consensus reading of 0.5%. The after-effects witnessed the commodity-linked currency cede ground against its US counterpart Wednesday, consuming H4 support at 0.7060
Global Markets: Asian Stock Markets : Nikkei down 0.54%, Shanghai Composite up 1.57%, Hang Seng up 0.14%, ASX up 0.75% Commodities : Gold at $1291.45 (+0.53%), Silver at $15.16 (+0.38%), Brent Oil at $65.52 (-0.52%), WTI Oil at $56.17 (-0.69%) Rates : US 10-year yield at 2.708, UK 10-year yield at 1.289, Germany 10-year yield … Continue reading Wednesday 6th March: Asian markets directionless in the absence of cues
Tuesday’s headline seasonally adjusted IHS Markit/CIPS UK services PMI business activity Index registered 51.3 in February, up from a two-and-a-half year low of 50.1 in January.
EUR/USD: Despite substandard lower-tier data out of the US, the greenback (the US dollar index) extended gains Monday and tested highs of 96.82. A rising buck, as you can see, weighed on the euro. Following a sloppy retest to the underside of March’s opening level at 1.1373 on the H4 timeframe, the EUR/USD touched gloves … Continue reading Tuesday 5th March: BoE Gov. Carney due to testify before the House of Lords, in London
