UK PM May survived a no confidence motion against her leadership Wednesday, winning the vote by 200 – 117. The vote represented a comfortable victory.
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2018
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12
Dec
2018
Wednesday 12th December: Asian Markets cheer improvements in Trade Spat
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Global Markets: Asian Stock Markets : Nikkei up 2.22%, Shanghai Composite up 0.31%, Hang Seng up 1.72%, ASX up 1.39% Commodities : Gold at $1248.15 (-0.02%), Silver at $14.68 (+0.18%), Brent Oil at $60.86 (+1.10%), WTI Oil at $52.23 (+0.54%) Rates : US 10-year yield at 2.893, UK 10-year yield at 1.189, Germany 10-year yield … Continue reading Wednesday 12th December: Asian Markets cheer improvements in Trade Spat
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Dec
2018
Wednesday 12th December: EU unwilling to re-open Brexit negotiations drags pound sub 1.25 – what’s the next play here?
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The single currency relinquished further ground to the US dollar Tuesday, recording its second consecutive daily loss.
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2018
Tuesday 11th December: Asian Markets mixed as growth concerns and political turmoil continues
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Global Markets: Asian Stock Markets : Nikkei down 0.18%, Shanghai Composite up 0.10%, Hang Seng down 0.11%, ASX up 0.42% Commodities : Gold at $1252.65 (+0.26%), Silver at $14.69 (+0.57%), Brent Oil at $60.13 (+0.27%), WTI Oil at $51.12 (+0.24%) Rates : US 10-year yield at 2.859, UK 10-year yield at 1.214, Germany 10-year yield … Continue reading Tuesday 11th December: Asian Markets mixed as growth concerns and political turmoil continues
11
Dec
2018
Tuesday 11th December: Greenback on strong footing this morning amid Brexit jitters.
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EUR/USD: After decisively running stop-loss orders above H4 resistance (yellow) at 1.1434/1.1418 in early Asia Monday, the EUR/USD fell sharply. Further selling was observed throughout London and US sessions, as the greenback benefited from Brexit woes and fears of a global economic slowdown. Stop-loss orders beneath 1.14 were also tripped yesterday from traders looking to … Continue reading Tuesday 11th December: Greenback on strong footing this morning amid Brexit jitters.