Tuesday 11th February: Asian markets higher on Wall Street cues

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Global Markets: Asian Stock Markets : Shanghai Composite up 0.39%, Hang Seng up 1.34%, ASX up 0.61% Commodities : Gold at $1570.15 (-0.59%), Silver at $17.77 (-0.10%), Brent Oil at $53.92 (+1.22%), WTI Oil at $50.11 (+1.09%) Rates : US 10-year yield at 1.549, UK 10-year yield at 0.553, Germany 10-year yield at -0.398 News … Continue reading Tuesday 11th February: Asian markets higher on Wall Street cues

Tuesday 11th February: Technical Outlook and Review.

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The euro fell victim to sustained USD strength Monday, with the US dollar index reaching highs of 98.88, poised to approach the 99.00 handle.
The weekly timeframe has price action nearing support, shaped in the form of a 2016 yearly opening level at 1.0873.

Monday 10th February: Asian markets lower as China IP data fails expectations.

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Global Markets: Asian Stock Markets : Nikkei down 0.60%, Shanghai Composite up 0.17%, Hang Seng down 0.75%, ASX down 0.14% Commodities : Gold at $1574.45 (+0.07%), Silver at $17.70 (+0.06%), Brent Oil at $54.52 (+0.09%), WTI Oil at $50.38 (+0.12%) Rates : US 10-year yield at 1.590, UK 10-year yield at 0.571, Germany 10-year yield … Continue reading Monday 10th February: Asian markets lower as China IP data fails expectations.

Monday 10th February: Weekly Technical Outlook and Review.

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EUR/USD witnessed a resurgence of selling last week, south of long-standing channel resistance, drawn from the high 1.1569. Downside targets rest at the 2016 yearly opening level from 1.0873 followed by channel support, taken from the low 1.1109.

Friday 7th February: Asian markets lose steam as Coronavirus toll mounts

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Global Markets: Asian Stock Markets : Nikkei down 0.19%, Shanghai Composite down 0.23%, Hang Seng down 0.76%, ASX down 0.38% Commodities : Gold at $1567.05 (-0.19%), Silver at $17.75 (-0.40%), Brent Oil at $55.30 (+0.67%), WTI Oil at $51.22 (+0.53%) Rates : US 10-year yield at 1.632, UK 10-year yield at 0.588, Germany 10-year yield … Continue reading Friday 7th February: Asian markets lose steam as Coronavirus toll mounts