Tuesday 30th July: Sterling sinks to 28-month low amid Brexit fears.

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Key risk events today: BoJ Outlook Report, Monetary Policy Statement and Press Conference; German Prelim CPI m/m; US Core PCE Price Index m/m and Personal Spending m/m; US CB Consumer Confidence. EUR/USD: Europe’s single currency entered a somewhat subdued state Monday, unable to close outside of Friday’s range. Consequent to yesterday’s lacklustre performance, much of … Continue reading Tuesday 30th July: Sterling sinks to 28-month low amid Brexit fears.

Monday 29th July: Asian stocks lower despite positive US cues

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Global Markets: Asian Stock Markets : Nikkei down 0.38%, Shanghai Composite down 0.15%, Hang Seng down 1.52%, ASX up 0.48% Commodities : Gold at $1417.85 (-0.10%), Silver at $16.38 (-0.09%), Brent Oil at $63.06 (-0.49%), WTI Oil at $56.03 (-0.30%) Rates : US 10-year yield at 2.070, UK 10-year yield at 0.685, Germany 10-year yield … Continue reading Monday 29th July: Asian stocks lower despite positive US cues

Friday 26th July: Asian stocks slide as ECB holds off easing, earnings mixed

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Global Markets: Asian Stock Markets : Nikkei down 0.44%, Shanghai Composite up 0.10%, Hang Seng down 0.55%, ASX down 0.36% Commodities: Gold at $1415.15 (+0.03%), Silver at $16.40 (-0.05%), Brent Oil at $63.55 (+0.25%), WTI Oil at $56.27 (+0.45%) Rates : US 10-year yield at 2.070, UK 10-year yield at 0.698, Germany 10-year yield at … Continue reading Friday 26th July: Asian stocks slide as ECB holds off easing, earnings mixed

Friday 26th July: Dollar approaches 98.00 ahead of today’s growth data.

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Key risk events today: German Import Prices m/m; US Advance GDP q/q; US Advance GDP Price Index q/q. EUR/USD: As forecast by consensus, European Central Bank (ECB) policymakers opted to stand pat on rates Thursday and therefore refrained from lowering the deposit rate. However, tweaking its forward guidance on rates to include an ‘or lower’ … Continue reading Friday 26th July: Dollar approaches 98.00 ahead of today’s growth data.