Thursday 18th October: FOMC minutes bolsters USD markets pressuring major counterparts to lower ground.

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EUR/USD: Over the course of Wednesday’s sessions, the greenback witnessed a resurgence of bidding, lifting the US dollar index above its 95.50 mark and pressuring the euro to lower ground (-0.63%). Yesterday’s FOMC meeting minutes for September stated all policy makers expressed the view of raising rates by 25bps. On the data front US building … Continue reading Thursday 18th October: FOMC minutes bolsters USD markets pressuring major counterparts to lower ground.

Thursday 18th October: Asian markets lower following Fed’s comments

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Global Markets: Asian Stock Markets : Nikkei down 0.84%, Shanghai Composite down 2.43%, Hang Seng down 0.96%, ASX up 0.06% Commodities : Gold at $1223.00 (-0.36%), Silver at $14.54 (-0.87%), Brent Oil at $79.89 (-0.20%), WTI Oil at $69.64 (-0.16%) Rates : US 10-year yield at 3.203, UK 10-year yield at 1.587, Germany 10-year yield … Continue reading Thursday 18th October: Asian markets lower following Fed’s comments

Wednesday 17th October: Asian markets echo Wall Street’s cheer

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Global Markets: Asian Stock Markets : Nikkei up 1.27%, Shanghai Composite up 0.54%, ASX up 1.18% Commodities : Gold at $1226.10 (-0.40%), Silver at $14.67 (-0.24%), Brent Oil at $81.64 (+0.28%), WTI Oil at $72.09 (+0.24%) Rates : US 10-year yield at 3.165, UK 10-year yield at 1.611, Germany 10-year yield at 0.487 News & … Continue reading Wednesday 17th October: Asian markets echo Wall Street’s cheer