Global Markets: Asian Stock Markets : Nikkei up 0.81%, Shanghai Composite down 0.31%, Hang Seng up 1.45%, ASX down 0.78% Commodities : Gold at $1231.10 (+0.16%), Silver at $14.46 (+0.61%), Brent Oil at $60.03 (+1.68%), WTI Oil at $51.08 (+1.31%) Rates : US 10-year yield at 3.050, UK 10-year yield at 1.384, Germany 10-year yield … Continue reading Monday 26th November: Asian markets mixed – holiday sales numbers awaited
EUR/USD: Weekly Gain/Loss: -0.68% Weekly Close: 1.1335 Weekly perspective: Bearish headwinds continued to loom large over the single currency last week, despite an impressive rebound just north of demand plotted at 1.1119-1.1212 the week prior. A resurgence in USD bidding – along with price action subsiding from long-term resistance at 1.1465 (history dating as far … Continue reading Monday 26th November: Weekly technical outlook and review.
Global Markets: Asian Stock Markets : Nikkei up 0.65%, Shanghai Composite down 2.17%, Hang Seng down 0.70%, ASX up 0.44% Commodities : Gold at $1228.00 (0.00%), Silver at $14.46 (-0.32%), Brent Oil at $61.86 (-1.18%), WTI Oil at $53.23 (-2.56%) Rates : US 10-year yield at 3.065, UK 10-year yield at 1.419, Germany 10-year yield … Continue reading Friday 23rd November: Asian markets lower on thin volumes – Japan closed
EUR/USD: Up 0.14% on the day, the shared currency concluded the session stabilizing just north of 1.14. Unaffected by the latest publication of the ECB’s meeting minutes, trade was relatively thin as US banks closed in observance of Thanksgiving Day. Above 1.14, two nearby converging trend line resistances (taken from highs of 1.1550/1.1621) decorate the … Continue reading Friday 23rd November: Slew of European manufacturing data eyed in early London.
