Global Markets: Asian Stock Markets : Nikkei down 0.60%, Shanghai Composite up 0.17%, Hang Seng down 0.75%, ASX down 0.14% Commodities : Gold at $1574.45 (+0.07%), Silver at $17.70 (+0.06%), Brent Oil at $54.52 (+0.09%), WTI Oil at $50.38 (+0.12%) Rates : US 10-year yield at 1.590, UK 10-year yield at 0.571, Germany 10-year yield … Continue reading Monday 10th February: Asian markets lower as China IP data fails expectations.
Category: Recent
Monday 10th February: Weekly Technical Outlook and Review.
EUR/USD witnessed a resurgence of selling last week, south of long-standing channel resistance, drawn from the high 1.1569. Downside targets rest at the 2016 yearly opening level from 1.0873 followed by channel support, taken from the low 1.1109.
Friday 7th February: Asian markets lose steam as Coronavirus toll mounts
Global Markets: Asian Stock Markets : Nikkei down 0.19%, Shanghai Composite down 0.23%, Hang Seng down 0.76%, ASX down 0.38% Commodities : Gold at $1567.05 (-0.19%), Silver at $17.75 (-0.40%), Brent Oil at $55.30 (+0.67%), WTI Oil at $51.22 (+0.53%) Rates : US 10-year yield at 1.632, UK 10-year yield at 0.588, Germany 10-year yield … Continue reading Friday 7th February: Asian markets lose steam as Coronavirus toll mounts
Friday 7th February: Dollar Reigns Ahead of NFP.
Key risk events today: China Trade Balance; China USD-Denominated Trade Balance; Canada Employment Change and Unemployment Rate; US Average Hourly Earnings m/m; US Non-Farm Employment Change; US Unemployment Rate. (Previous analysis as well as outside sources – italics). EUR/USD: The euro ceded further ground to the US dollar Thursday, shedding more than 115 points, or … Continue reading Friday 7th February: Dollar Reigns Ahead of NFP.
US Employment Report in Focus
US employment figures provide an irreplaceable insight into the condition of the world’s largest economy. It’s considered a leading indicator of consumer spending, which drives the economy.