Key risk events today: RBA Rate Statement and Cash Rate; UK Services PMI; Canada Trade Balance; US ISM Non-Manufacturing PMI. EUR/USD: Europe’s shared currency bowed south against its US counterpart Monday, as the dollar index recorded healthy gains. Shrugging off final EUR Markit manufacturing PMI data which ticked up to 45.9 from 45.7, the EUR/USD … Continue reading Tuesday 5th November: Havens wane on positive trade-deal hopes.
Global Markets: Asian Stock Markets : Shanghai Composite up 0.53%, Hang Seng up 1.54%, ASX up 0.27% Commodities : Gold at $1514.35 (+0.20%), Silver at $18.11 (+0.31%), Brent Oil at $61.31 (-0.62%), WTI Oil at $55.86 (-0.60%) Rates : US 10-year yield at 1.714, UK 10-year yield at 0.661, Germany 10-year yield at -0.381 News … Continue reading Monday 4th November: Japanese markets off; Asian markets gain on positive notes
The headline seasonally adjusted UK manufacturing purchasing managers’ index (PMI) rose to 49.6 in October, up for the second successive month but remaining below the neutral 50.0 mark separating expansion from contraction, according to Markit.
Global Markets: Asian Stock Markets : Nikkei down 0.33%, Shanghai Composite up 0.99%, Hang Seng up 0.63%, ASX up 0.09% Commodities : Gold at $1513.85 (-0.06%), Silver at $18.10 (+0.19%), Brent Oil at $59.53 (-0.15%), WTI Oil at $54.23 (+0.09%) Rates : US 10-year yield at 1.696, UK 10-year yield at 0.643, Germany 10-year yield … Continue reading Friday 1st November: Chinese Markets jump as Manufacturing Activity numbers surprise
Europe’s common currency finished unmoved against the buck Thursday, unresponsive to European growth and unemployment indicators.
