Friday 27th july: Asian markets mixed; Nomura disappoints

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Global Markets: Asian Stock Markets : Nikkei up 0.42%, Shanghai Composite down 0.22%, Hang Seng down 0.14%, ASX up 0.82% Commodities : Gold at $1223.60 (-0.17%), Silver at $15.46 (-0.23%), Brent Oil at $74.54 (0.00%), WTI Oil at $69.62 (+0.01%) Rates : US 10-year yield at 2.977, UK 10-year yield at 1.280, Germany 10-year yield … Continue reading Friday 27th july: Asian markets mixed; Nomura disappoints

Friday 27th July: US growth data elbows its way into the spotlight today – remain vigilant!

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EUR/USD: EUR/USD bulls, as you can see, lost their flavor just ahead of the H4 mid-level resistance at 1.1750 on Thursday, consequently forcing price through a number of key H4 support barriers. Despite disappointing US durable goods orders m/m, the euro fell sharply after Draghi clarified guidance regarding an interest rate hike through summer 2019 … Continue reading Friday 27th July: US growth data elbows its way into the spotlight today – remain vigilant!

Thursday 26th July: Asian markets subdued; US-EU step away from Trade War

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Global Markets: Asian Stock Markets : Nikkei down 0.15%, Shanghai Composite down 0.55%, Hang Seng down 0.77%, ASX down 0.04% Commodities : Gold at $1229.50 (-0.19%), Silver at $15.59 (-0.03%), Brent Oil at $74.30 (+0.50%), WTI Oil at $69.28 (-0.03%) Rates : US 10-year yield at 2.967, UK 10-year yield at 1.272, Germany 10-year yield … Continue reading Thursday 26th July: Asian markets subdued; US-EU step away from Trade War

Thursday 26th July: ECB Press conference eyed!

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EUR/USD: US President Trump met with European Commission President Juncker in the Oval Office of the White House in recent hours, resulting in both sides agreeing to work together to lower trade barriers and eliminate some tariffs. The positivity from the Trump/Juncker meet helped boost risk sentiment, dragging the single currency above the 1.17 handle … Continue reading Thursday 26th July: ECB Press conference eyed!