Wednesday 11th March: Markets lose steam as investors gauge US measures.

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Global Markets: Asian Stock Markets : Nikkei down 2.27%, Shanghai Composite down 0.94%, Hang Seng down 1.12%, ASX down 3.60% Commodities : Gold at $1666.20 (+0.36%), Silver at $17.07 (+0.70%), Brent Oil at $37.42 (+0.54%), WTI Oil at $34.30 (-0.17%) Rates : US 10-year yield at 0.677, UK 10-year yield at 0.281, Germany 10-year yield … Continue reading Wednesday 11th March: Markets lose steam as investors gauge US measures.

Tuesday 10th March: Markets recover from yesterday’s firesale

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Global Markets: Asian Stock Markets : Nikkei up 0.85%, Shanghai Composite up 1.82%, Hang Seng up 1.62%, ASX up 3.11% Commodities : Gold at $1664.00 (-0.70%), Silver at $17.08 (+0.12%), Brent Oil at $36.69 (+6.78%), WTI Oil at $33.12 (+6.39%) Rates : US 10-year yield at 0.679, UK 10-year yield at 0.165, Germany 10-year yield … Continue reading Tuesday 10th March: Markets recover from yesterday’s firesale

Tuesday 10th March: Technical Outlook and Review.

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Europe’s single currency firmed Monday, benefitting from continued decline in US Treasuries and the dollar’s demise. the DXY cracked 95.00, levels not seen since October 2018. 1.14 was taken to the upside in early trade, with the latter pencilling in support for the remainder of the day.

Monday 9th March : Saudis add fuel to the fire – markets in deep red

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Global Markets: Asian Stock Markets : Nikkei down 5.38%, Shanghai Composite down 3.01%, Hang Seng down 4.15%, ASX down 7.33% Commodities : Gold at $1673.30 (+0.05%), Silver at $16.73 (-3.10%), Brent Oil at $33.95 (-25.01%), WTI Oil at $30.16 (-26.94%) Rates : US 10-year yield at 0.478, UK 10-year yield at 0.233, Germany 10-year yield … Continue reading Monday 9th March : Saudis add fuel to the fire – markets in deep red