Tuesday 5th March: Asian markets mostly lower following cues from Wall Street.

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Global Markets: Asian Stock Markets : Nikkei down 0.53%, Shanghai Composite up 0.81%, Hang Seng up 0.02%, ASX down 0.29% Commodities : Gold at $1289.05 (+0.12%), Silver at $15.14 (+0.25%), Brent Oil at $65.41 (-0.40%), WTI Oil at $56.38 (-0.37%) Rates : US 10-year yield at 2.722, UK 10-year yield at 1.271, Germany 10-year yield … Continue reading Tuesday 5th March: Asian markets mostly lower following cues from Wall Street.

Monday 4th March: Asian markets cheer on China US trade optimism

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Global Markets: Asian Stock Markets : Nikkei up 1.04%, Shanghai Composite up 0.63%, Hang Seng up 0.62%, ASX up 0.40% Commodities : Gold at $1294.75 (-0.34%), Silver at $15.15 (-0.11%), Brent Oil at $65.35 (+0.43%), WTI Oil at $56.03 (+0.41%) Rates : US 10-year yield at 2.762, UK 10-year yield at 1.298, Germany 10-year yield … Continue reading Monday 4th March: Asian markets cheer on China US trade optimism

Monday 4th March: Weekly technical outlook and review.

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The US ISM manufacturing PMI fell into contraction Friday, with all of the major components falling and/or missing expectations. The impact of the report sent H4 flow through 1.14, though swiftly pared gains at 1.1408 as the dollar recovered, buoyed by increasing US Treasury yields.