Tuesday 23rd June: Asian markets higher as Navarro clarifies trade deal comments

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Global Markets: Asian Stock Markets : Nikkei up 0.50%, Shanghai Composite up 0.18%, Hang Seng up 1.46%, ASX up 0.17% Commodities : Gold at $1767.40 (+0.06%), Silver at $17.88 (-0.15%), Brent Oil at $43.28 (+0.46%), WTI Oil at $40.87 (+0.34%) Rates : US 10-year yield at 0.709, UK 10-year yield at 0.212, Germany 10-year yield … Continue reading Tuesday 23rd June: Asian markets higher as Navarro clarifies trade deal comments

Tuesday 23rd June: Technical Outlook and Review

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Upbeat risk sentiment weighed on the US dollar index Monday, firmly snapping a four-day bullish phase. EUR/USD H4 reclaimed 1.12+ status and recently conquered 1.1250, with eyes now on 1.13 as potential resistance, followed by a Quasimodo formation at 1.1340.

Monday 22nd June: Asian markets lower as virus concerns take precedence

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Global Markets: Asian Stock Markets : Nikkei down 0.18%, Shanghai Composite down 0.08%, Hang Seng down 0.51%, ASX up 0.03% Commodities : Gold at $1756.90 (+0.22%), Silver at $17.98 (+0.72%), Brent Oil at $42.38 (+0.45%), WTI Oil at $39.97 (+0.35%) Rates : US 10-year yield at 0.699, UK 10-year yield at 0.217, Germany 10-year yield … Continue reading Monday 22nd June: Asian markets lower as virus concerns take precedence

Monday 22nd June: Weekly Technical Outlook and Review

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The British pound put in additional declines against the buck last week, extending south of the 61.8% Fibonacci retracement ratio at 1.2718 and 2019 yearly opening level at 1.2739. It should also be emphasised these levels are positioned beneath a long-term trend line resistance, etched from the high 1.5930.

Friday 19th June: Asian markets make modest gains on the backs of cautious investors

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Global Markets: Asian Stock Markets : Nikkei up 0.55%, Shanghai Composite up 0.96%, Hang Seng up 0.63%, ASX up 0.10% Commodities : Gold at $1740.05 (+0.52%), Silver at $17.71 (+1.13%), Brent Oil at $42.41 (+2.17%), WTI Oil at $39.79 (+2.45%) Rates : US 10-year yield at 0.725, UK 10-year yield at 0.243, Germany 10-year yield … Continue reading Friday 19th June: Asian markets make modest gains on the backs of cautious investors