Friday 5th October: Asian Markets lower as USTR hits 7 year high

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Global Markets: Asian Stock Markets : Nikkei down 0.39%, ASX up 0.19% Commodities : Gold at $1202.20 (+0.05%), Silver at $14.60 (+0.07%), Brent Oil at $84.97 (+0.46%), WTI Oil at $74.81 (+0.65%) Rates : US 10-year yield at 3.197, UK 10-year yield at 1.669, Germany 10-year yield at 0.528 News & Data: (AUD) Retail Sales … Continue reading Friday 5th October: Asian Markets lower as USTR hits 7 year high

Thursday 4th October: Asian Markets lower, US numbers surprisingly strong

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Global Markets: Asian Stock Markets : Nikkei down 0.66%, Hang Seng down 2.02%, ASX up 0.43% Commodities : Gold at $1202.00 (-0.07%), Silver at $14.64 (-0.24%), Brent Oil at $86.08 (-0.24%), WTI Oil at $76.23 (-0.24%) Rates : US 10-year yield at 3.217, UK 10-year yield at 1.586, Germany 10-year yield at 0.482 News & … Continue reading Thursday 4th October: Asian Markets lower, US numbers surprisingly strong

Thursday 4th October: Technicals and political sentiment could play a key role in today’s trade given the quiet calendar ahead.

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EUR/USD: Despite staging a modest recovery just north of the 1.15 handle on the H4 timeframe, the single currency whipsawed through supply at 1.1580-1.1563 (likely devouring stops) and fell sharply just ahead of September’s opening level at 1.1595 during Wednesday’s sessions. Italian budget headlines, coupled with disappointing macroeconomic data releases out of Europe and upbeat … Continue reading Thursday 4th October: Technicals and political sentiment could play a key role in today’s trade given the quiet calendar ahead.