UK Prime Minister Theresa May brings her Brexit deal to Parliament knowing that she faces almost certain defeat in a vote that could mean weeks of perilous political brinkmanship for Britain.
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Monday 14th January: Asian markets in the red as China disappoints
Global Markets: Asian Stock Markets : Nikkei up 0.97%, Shanghai Composite down 0.73%, Hang Seng down 1.51%, ASX down 0.02% Commodities : Gold at $1291.05 (+0.12%), Silver at $15.60 (-0.34%), Brent Oil at $59.69 (-1.31%), WTI Oil at $50.89 (-1.36%) Rates : US 10-year yield at 2.699, UK 10-year yield at 1.287, Germany 10-year yield … Continue reading Monday 14th January: Asian markets in the red as China disappoints
Monday 14th January: Weekly technical outlook and review.
Recording its third consecutive week in the green, US equities firmly overthrew resistance at 23578 last week (now acting support), exposing resistance in the form of the 2018 yearly opening level at 24660.
Friday 11th January: Powell’s comments bring Asia to the green
Global Markets: Asian Stock Markets : Nikkei up 0.97%, Shanghai Composite up 0.64%, Hang Seng up 0.52%, ASX down 0.36% Commodities : Gold at $1293.95 (+0.51%), Silver at $15.76 (+0.76%), Brent Oil at $61.53 (-0.24%), WTI Oil at $52.56 (-0.06%) Rates : US 10-year yield at 2.724, UK 10-year yield at 1.280, Germany 10-year yield … Continue reading Friday 11th January: Powell’s comments bring Asia to the green
Friday 11th January: Greenback remains supported ahead of 95.00, pressuring opposing currencies to lower ground.
Speculative interest remains somewhat lackluster in this market ahead of the key Parliamentary vote on UK PM May’s Brexit deal next week.