Global Markets: Asian Stock Markets : Nikkei up 0.48%, Shanghai Composite up 0.24%, Hang Seng up 0.47%, ASX up 1.03% Commodities : Gold at $1769.80 (+0.77%), Silver at $17.67 (+3.53%), Brent Oil at $33.77 (+3.91%), WTI Oil at $31.02 (+5.08%) Rates : US 10-year yield at 0.638, UK 10-year yield at 0.206, Germany 10-year yield … Continue reading Monday 18th May: Asian markets gain as economies open up
EUR/USD retained a modest offer over the course of last week, testing and holding south of the 2016 yearly opening level at 1.0873. A bump lower this week could have multi-year lows enter at 1.0635, while firming may eventually witness the 2020 yearly opening level at 1.1222 make a play.
Global Markets: Asian Stock Markets : Nikkei up 0.62%, Shanghai Composite down 0.07%, Hang Seng down 0.18%, ASX up 1.43% Commodities : Gold at $1745.65 (+0.27%), Silver at $16.54 (+2.36%), Brent Oil at $32.42 (+4.14%), WTI Oil at $28.65 (+3.96%) Rates : US 10-year yield at 0.620, UK 10-year yield at 0.205, Germany 10-year yield … Continue reading Friday 15th May: Asian markets muted but lower as China data disappoints
Key risk events today: China Fixed Asset Investment ytd/y and Industrial Production y/y; German Prelim GDP q/q; US Core Retail Sales m/m and Retail Sales m/m; US Prelim UoM Consumer Sentiment. (Previous analysis as well as outside sources – italics). EUR/USD: Thursday’s fleeting recovery attempt north of 1.08 fell flat as broad-based USD upside capped … Continue reading Friday 15th May: Technical Outlook and Review
Global Markets: Asian Stock Markets : Nikkei down 1.74%, Shanghai Composite down 0.96%, Hang Seng down 1.54%, ASX down 1.72% Commodities : Gold at $1721.70 (+0.31%), Silver at $15.77 (+0.62%), Brent Oil at $29.71 (+1.78%), WTI Oil at $25.84 (+2.17%) Rates : US 10-year yield at 0.617, UK 10-year yield at 0.199, Germany 10-year yield … Continue reading Thursday 14th May: Asian markets fall as Powell warns of prolonged recession
