Wednesday 5th September: Asian markets fall, dollar up on trade tensions, emerging market woes

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Global Markets: Asian Stock Markets : Nikkei down 0.30%, Shanghai Composite down 0.79%, Hang Seng down 1.95%, ASX down 0.87% Commodities : Gold at $1198.00 (-0.09%), Silver at $14.16 (-0.18%), Brent Oil at $77.82 (-0.45%), WTI Oil at $69.34 (-0.76%) Rates : US 10-year yield at 2.902, UK 10-year yield at 1.431, Germany 10-year yield … Continue reading Wednesday 5th September: Asian markets fall, dollar up on trade tensions, emerging market woes

Wednesday 5th September: BoC to take center stage today – expected to hold rates at 1.50%

IC Markets No Comments

EUR/USD: In the early hours of European trade on Tuesday, the market witnessed the single currency head for lower levels. In reasonably strong fashion, the H4 candles reclaimed the 1.16 handle to the downside and eventually tested the August 23 lows at 1.1530. It was from here – during the opening hours of US trade … Continue reading Wednesday 5th September: BoC to take center stage today – expected to hold rates at 1.50%