A fading US dollar on the back of significantly weaker-than-expected Empire State manufacturing and NAHB indices, as well as US President Trump renewing his criticism on the Federal Reserve.
18
Dec
2018
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17
Dec
2018
Monday 17th December: Asian Markets cautious for last news-filled week of the year
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In the currency market, the dollar held firm after having touched a 19-month high against a basket of six other major rivals on Friday as the U.S. economy appeared to be in better shape than others.
16
Dec
2018
Monday 17th December: Weekly technical outlook and review.
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US equities sustained additional loss over the course of last week, despite an earnest attempt to reclaim control of the 2018 yearly opening level at 24660.
14
Dec
2018
Friday 14th December: Slew of European manufacturing data eyed in early London today – remain vigilant!
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The ECB stood pat on rates and confirmed the conclusion of QE whilst maintaining their guidance on rates
13
Dec
2018
Thursday 13th December: Asian Markets continue to surge as sentiment improves
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Global Markets: Asian Stock Markets : Nikkei up 0.95%, Shanghai Composite up 1.16%, Hang Seng up 1.33%, ASX up 0.14% Commodities : Gold at $1250.50 (-0.01%), Silver at $14.84 (+0.01%), Brent Oil at $60.46 (+0.52%), WTI Oil at $51.33 (+0.25%) Rates : US 10-year yield at 2.913, UK 10-year yield at 1.280, Germany 10-year yield … Continue reading Thursday 13th December: Asian Markets continue to surge as sentiment improves