Category: Recent

EUR/USD: The single currency sustained further losses Wednesday amid disappointing German data in the form of factory orders and construction PMI, along with broad-based US dollar bidding that pulled the DXY firmly above its 96.00 mark. The H4 candles reclaimed 1.14 to the downside in early trade yesterday, tripping stops and exposing December’s opening level … Continue reading Thursday 7th February: Bank of England takes centre stage today – remain vigilant.

Global Markets: Asian Stock Markets : Nikkei down 0.54%, ASX up 1.10% Commodities : Gold at $1308.05 (-0.48%), Silver at $15.67 (-0.21%), Brent Oil at $62.34 (-0.56%), WTI Oil at $53.74 (-0.50%) Rates : US 10-year yield at 2.693, UK 10-year yield at 1.216, Germany 10-year yield at 0.162 News & Data: (NZD) Unemployment Rate … Continue reading Thursday 7th February: Asian markets mostly higher

Global Markets: Asian Stock Markets : Nikkei up 0.18%, ASX up 0.34% Commodities : Gold at $1317.65 (-0.12%), Silver at $15.80 (-0.21%), Brent Oil at $61.96 (-0.03%), WTI Oil at $53.67 (+0.02%) Rates : US 10-year yield at 2.696, UK 10-year yield at 1.230, Germany 10-year yield at 0.171 News & Data: (USD) ISM Non-Manufacturing … Continue reading Wednesday 6th February: Asian markets trade higher – investors digest SoTU comments

UK PM May hit the wires, defending the need for ‘legally binding changes’ to the Irish backstop. In addition to this, May’s spokesman confirmed the PM is to meet with EU’s Tusk and Juncker on Thursday.

Global Markets: Asian Stock Markets : Nikkei down 0.20%, ASX up 1.95% Commodities : Gold at $1318.55 (-0.06%), Silver at $15.91 (+0.16%), Brent Oil at $62.77 (+0.42%), WTI Oil at $54.84 (+0.51%) Rates : US 10-year yield at 2.718, UK 10-year yield at 1.277, Germany 10-year yield at 0.174 News & Data: (AUD) Cash Rate … Continue reading Tuesday 5th February: Asian markets trade mixed on thin volumes