Friday 12th October: Asian markets rebound after opening lower.

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Global Markets: Asian Stock Markets : Nikkei up 0.56%, Shanghai Composite up 0.53%, Hang Seng up 1.56%, ASX up 0.20% Commodities : Gold at $1221.70 (-0.48%), Silver at $14.58 (-0.18%), Brent Oil at $81.19 (+1.16%), WTI Oil at $71.66 (+0.97%) Rates : US 10-year yield at 3.176, UK 10-year yield at 1.677, Germany 10-year yield … Continue reading Friday 12th October: Asian markets rebound after opening lower.

Thursday 11th October: Bloodbath crosses shores to hit APAC markets

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Global Markets: Asian Stock Markets : Nikkei down 3.96%, Shanghai Composite down 4.88%, Hang Seng down 3.91%, ASX down 2.74% Commodities : Gold at $1195.40 (+0.17%), Silver at $14.28 (-0.32%), Brent Oil at $81.88 (-1.46%), WTI Oil at $72.19 (-1.34%) Rates : US 10-year yield at 3.152, UK 10-year yield at 1.723, Germany 10-year yield … Continue reading Thursday 11th October: Bloodbath crosses shores to hit APAC markets

Thursday 11th October: USD heading for its 95 handle?

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EUR/USD: EUR/USD bulls went on the offensive on Wednesday, dethroning its 1.15 handle on the H4 timeframe and challenging nearby Quasimodo resistance at 1.1543. 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 in play at this point, with room … Continue reading Thursday 11th October: USD heading for its 95 handle?