Key risk events today: Australia Job’s Data; New Zealand Annual Budget Release; BoE Gov Bailey Speaks; US Unemployment Claims; BoC Gov Poloz Speaks. (Previous analysis as well as outside sources – italics). EUR/USD: The dollar index rose Wednesday, establishing a floor ahead of 99.50 and reclaiming 100.00+ status by the close. This guided EUR/USD southbound, … Continue reading Thursday 14th May: Technical Outlook and Review
Global Markets: Asian Stock Markets : Nikkei down 0.49%, Shanghai Composite up 0.22%, Hang Seng down 0.32%, ASX up 0.35% Commodities : Gold at $1705.15 (-0.10%), Silver at $15.64 (-0.46%), Brent Oil at $29.18 (-2.67%), WTI Oil at $25.38 (-1.55%) Rates : US 10-year yield at 0.661, UK 10-year yield at 0.219, Germany 10-year yield … Continue reading Wednesday 13th May: Asian markets fall as virus worries gain traction
Key risk events today: Australia Wage Price Index q/q; RBNZ Official Cash Rate, Monetary Policy Statement, Rate Statement and Press Conference; UK Prelim GDP q/q; UK GDP m/m; UK Manufacturing Production m/m; US Core PPI m/m and PPI m/m; Fed Chair Powell Speaks. (Previous analysis as well as outside sources – italics). EUR/USD: Organised in … Continue reading Wednesday 13th May: Technical Outlook and Review
Global Markets: Asian Stock Markets : Nikkei down 0.12%, Shanghai Composite down 0.11%, Hang Seng down 1.56%, ASX down 1.07% Commodities : Gold at $1706.60 (+0.51%), Silver at $15.76 (+0.51%), Brent Oil at $30.05 (+1.42%), WTI Oil at $24.72 (+2.40%) Rates : US 10-year yield at 0.707, UK 10-year yield at 0.279, Germany 10-year yield … Continue reading Tuesday 12th May: Asian markets falter as second wave fears rise
Key risk events today: Australia NAB Business Confidence; US CPI m/m and Core CPI m/m. (Previous analysis as well as outside sources – italics). EUR/USD: The US dollar index kicked off the week on strong footing, rallying more than 1.00% and reclaiming 100.00+ status. The single currency has been relatively resilient, though is seen nearing … Continue reading Tuesday 12th May: Technical Outlook and Review
