The US Thanksgiving holiday witnessed thin trade Thursday. On the data front, however, headline German CPI for November missed expectations for a pick-up to 1.3%, and the pace remained unchanged at 1.1%, missing estimates for a rise to 1.3% y/y. The m/m release fell deeper than expected, falling 0.8% vs. 0.6% expectations.
Global Markets: Asian Stock Markets : Nikkei down 0.12%, Shanghai Composite down 0.66%, Hang Seng down 0.20%, ASX up 0.20% Commodities : Gold at $1462.65 (+0.13%), Silver at $17.06 (+0.02%), Brent Oil at $62.76 (-0.40%), WTI Oil at $57.80 (-0.53%) Rates : US 10-year yield at 1.767, UK 10-year yield at 0.674, Germany 10-year yield … Continue reading Thursday 28th November: Asian markets jittery as Trump signs Hong Kong bills
British Prime Minister Boris Johnson is on course to win a majority of 68 in parliament at the Dec. 12 election, according to a model from pollsters YouGov that accurately predicted the 2017 election (Reuters).
Global Markets: Asian Stock Markets : Nikkei up 0.28%, Shanghai Composite down 0.13%, Hang Seng up 0.27%, ASX up 0.93% Commodities : Gold at $1466.45 (-0.06%), Silver at $17.13 (-0.32%), Brent Oil at $63.19 (-0.03%), WTI Oil at $58.34 (-0.12%) Rates : US 10-year yield at 1.741, UK 10-year yield at 0.639, Germany 10-year yield … Continue reading Wednesday 27th November: Asian markets mostly higher, but Chinese Industrial profits disappoint.
Leaving the key figure 1.10 unopposed, EUR/USD movement turned sluggishly higher Tuesday, aided by weaker-than-anticipated US consumer confidence data. According to The Conference Board, the Consumer Confidence Index decreased in November, following a slight decline in October.
