Monday 12th November: Asian Markets mixed – pare losses after weak start

IC Markets No Comments

Global Markets: Asian Stock Markets : Nikkei up 0.09%, Shanghai Composite up 0.93%, Hang Seng up 0.14%, ASX up 0.33% Commodities : Gold at $1208.50 (-0.01%), Silver at $14.13 (-0.07%), Brent Oil at $71.48 (+1.85%), WTI Oil at $60.97 (+1.30%) Rates : US 10-year yield at 3.186, UK 10-year yield at 1.493, Germany 10-year yield … Continue reading Monday 12th November: Asian Markets mixed – pare losses after weak start

Monday 12th November: Weekly technical outlook and review

IC Markets No Comments

EUR/USD: Weekly Gain/Loss: -0.46% Weekly Close: 1.1335 Weekly perspective: Over the course of last week’s session the single currency continued to spiral south. By way of a bearish pin-bar formation, the pair recorded its fourth consecutive losing week and placed a question mark on the demand area drawn from 1.1312-1.1445. In the event the unit … Continue reading Monday 12th November: Weekly technical outlook and review

Friday 9th November: Asian Markets lower as Fed tempers rally

IC Markets No Comments

Global Markets: Asian Stock Markets : Nikkei down 0.10%, Shanghai Composite down 1.18%, Hang Seng down 2.61%, ASX down 0.11% Commodities : Gold at $1220.10 (-0.41%), Silver at $14.36 (-0.44%), Brent Oil at $70.73 (+0.11%), WTI Oil at $60.59 (-0.13%) Rates : US 10-year yield at 3.232, UK 10-year yield at 1.564, Germany 10-year yield … Continue reading Friday 9th November: Asian Markets lower as Fed tempers rally

Friday 9th November: Slew of UK data hits the wires early London – remain vigilant!

IC Markets No Comments

EUR/USD: On the back of latest budget exchanges between Italy and the EU, as well as The FOMC keeping rates unchanged at 2.00-2.25%, as expected, this cemented the single currency’s position beneath 1.14 on Thursday. The FOMC statement was also little changed, though remains reasonably upbeat, potentially paving the way for a December rate hike. … Continue reading Friday 9th November: Slew of UK data hits the wires early London – remain vigilant!