Monday 1st October: Chinese markets on week-long holiday; US-Canada reach trade deal

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Global Markets: Asian Stock Markets : Nikkei up 0.51%, ASX down 0.71% Commodities : Gold at $1192.80 (-0.28%), Silver at $14.64 (-0.49%), Brent Oil at $83.16 (+0.52%), WTI Oil at $73.50 (+0.34%) Rates : US 10-year yield at 3.074, UK 10-year yield at 1.576, Germany 10-year yield at 0.474 News & Data: (CNY) Non-Manufacturing PMI … Continue reading Monday 1st October: Chinese markets on week-long holiday; US-Canada reach trade deal

Monday 1st October: Weekly technical outlook and review

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EUR/USD: Weekly Gain/Loss: -1.23% Weekly Close: 1.1602 Weekly perspective: Fashioned in the shape of a clear-cut bearish engulfing formation out of a resistance area at 1.1717-1.1862, last week’s flow witnessed the single currency erode its entire upside move from the week prior. Assuming further selling takes place this week, traders could attempt a run towards … Continue reading Monday 1st October: Weekly technical outlook and review

Friday 28th September: Japanese markets hit 27 year Intraday high

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Global Markets: Asian Stock Markets : Nikkei up 1.27%, Shanghai Composite up 0.96%, Hang Seng up 0.48%, ASX up 0.75% Commodities : Gold at $1187.50 (+0.01%), Silver at $14.33 (+0.24%), Brent Oil at $81.44 (+0.07%), WTI Oil at $72.28 (+0.22%) Rates : US 10-year yield at 3.050, UK 10-year yield at 1.589, Germany 10-year yield … Continue reading Friday 28th September: Japanese markets hit 27 year Intraday high