Dear Trader, Please find our updated Trading schedule for the Chung Yeung Day Holiday on 16th & 17th October 2018. Times mentioned below are Platform time (GMT +3). If you have any questions or require any assistance, please contact one of our support team members via Live Chat, email: support@icmarkets.com, or phone +61 (0)2 8014 4280. Kind regards, IC Markets
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Monday 15th October: Asian markets lower – Saudi tensions threaten crude
Global Markets: Asian Stock Markets : Nikkei down 1.90%, Shanghai Composite down 0.97%, Hang Seng down 1.41%, ASX down 0.99% Commodities : Gold at $1226.80 (+0.39%), Silver at $14.68 (+0.31%), Brent Oil at $81.33 (+1.12%), WTI Oil at $71.94 (+0.84%) Rates : US 10-year yield at 3.150, UK 10-year yield at 1.636, Germany 10-year yield … Continue reading Monday 15th October: Asian markets lower – Saudi tensions threaten crude
Monday 15th October: Weekly technical outlook and review.
EUR/USD: Weekly Gain/Loss: +0.33% Weekly Close: 1.1557 Weekly perspective: Demand at 1.1312-1.1445 was nudged into the spotlight last week after a two-week bearish stint out of a neighbouring resistance area at 1.1717-1.1862. This, according to our technical reading, is now considered a ranging market on this scale. Also worth noting is the buyers from 1.1312-1.1445 … Continue reading Monday 15th October: Weekly technical outlook and review.
Friday 12th October: Majors benefit from USD weakness – retreating to its 95.00 mark
EUR/USD: Broad-based USD selling, lower-than-expected US CPI figures along with US President Trump, once again, expressing disapproval over the Fed’s action, witnessed the EUR/USD rise to highs of 1.1599 on Thursday. According to our technical studies on the weekly timeframe, further buying could be in store. Demand at 1.1312-1.1445, as you can see, is firmly … Continue reading Friday 12th October: Majors benefit from USD weakness – retreating to its 95.00 mark