EUR/USD: The EUR/USD observed a sharp change in mood following the release of Wednesday’s Federal Open Market Committee’s (FOMC) January meeting minutes. Several officials saw a 2019 rate hike as a possibility if the economy remains on track. Although rising to a weekly peak of 1.1371, the pair turned southbound from the yellow zone marked … Continue reading Thursday 21st February: French, German & Eurozone Flash PMIs on the radar in early London
Global Markets: Asian Stock Markets : Nikkei up 0.37%, Shanghai Composite down 0.41%, Hang Seng up 0.76%, ASX down 0.17% Commodities : Gold at $1345.05 (+0.02%), Silver at $15.99 (+0.16%), Brent Oil at $66.33 (-0.18%), WTI Oil at $56.48 (+0.05%) Rates : US 10-year yield at 2.643, UK 10-year yield at 1.171, Germany 10-year yield … Continue reading Wednesday 20th February: Asian markets mixed as investors look to Fed minutes – trade optimism still plays
In the early hours of Tuesday’s segment, the Reserve Bank of Australia (RBA) in its February meeting minutes announced members agreed there was not a strong case for a near-term adjustment in monetary policy.
Pound sterling outperformed vs. its US counterpart Monday, in spite of a number of UK political headlines hitting the wires and a thin US session due to observance of Presidents’ Day.
Global Markets: Asian Stock Markets : Nikkei up 0.20%, Shanghai Composite down 0.34%, Hang Seng down 0.21%, ASX up 0.28% Commodities : Gold at $1326.65 (+0.34%), Silver at $15.74 (-0.03%), Brent Oil at $66.36 (-0.21%), WTI Oil at $56.27 (+0.52%) Rates : US 10-year yield at 2.668, UK 10-year yield at 1.165, Germany 10-year yield … Continue reading Tuesday 19th February: Investor optimism drives markets
