The US and China resumed talks on trade Monday in Beijing, with President Trump expressing optimism about the outcome because of the damage being inflicted by US tariffs on China’s economy.
Category: Recent
Monday 7th January: Asian markets higher as investor sentiment improves
Global Markets: Asian Stock Markets : Nikkei up 2.39%, Shanghai Composite up 0.79%, Hang Seng up 0.83%, ASX up 1.14% Commodities : Gold at $1290.90 (+0.40%), Silver at $15.83 (+0.27%), Brent Oil at $57.85 (+1.38%), WTI Oil at $48.70 (+1.54%) Rates : US 10-year yield at 2.664, UK 10-year yield at 1.272, Germany 10-year yield … Continue reading Monday 7th January: Asian markets higher as investor sentiment improves
Monday 7th January: Weekly technical outlook and review.
Friday’s non-farm payrolls widely exceeded expectations, adding 312k jobs in December compared to the 179k consensus. Average hourly earnings rose 0.4% last month, beating expectations of 0.3%, while the US unemployment rate ticked higher to 3.9% from 3.7%.
Friday 4th January: Asian markets higher, Japan an exception
Global Markets: Asian Stock Markets : Nikkei down 2.51%, Shanghai Composite up 1.57%, Hang Seng up 1.66%, ASX down 0.25% Commodities : Gold at $1297.15 (+0.18%), Silver at $15.88 (+0.51%), Brent Oil at $56.07 (+0.21%), WTI Oil at $47.31 (+0.47%) Rates : US 10-year yield at 2.579, UK 10-year yield at 1.197, Germany 10-year yield … Continue reading Friday 4th January: Asian markets higher, Japan an exception
Friday 4th January: US non-farm payrolls next on tap – remain vigilant.
In recent sessions, the British pound recouped all of its lost ground from the so-called ‘flash crash’ observed in early Asian hours Thursday that struck lows of 1.2373.