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Global Markets: Asian Stock Markets : Nikkei up 0.41%, Shanghai Composite down 0.17%, Hang Seng up 0.61%, ASX down 0.38% Commodities : Gold at $1226.40 (+0.07%), Silver at $15.53 (+0.06%), Brent Oil at $74.02 (+0.79%), WTI Oil at $68.81 (+0.42%) Rates : US 10-year yield at 2.938, UK 10-year yield at 1.276, Germany 10-year yield … Continue reading Wednesday 25th July: Asian markets mixed, BoJ unwinding uncertain

EUR/USD: The single currency employed a somewhat directionless approach on Tuesday, decorating the H4 timeframe with fakeouts through both the 1.1705/1.17 area (June’s opening level and round number) and July’s opening level at 1.1675. Stop-loss orders from both areas were likely tripped yesterday. Above 1.1705/1.17 we see 1.1750 as the next upside target. Note this … Continue reading Wednesday 25th July: Another potentially quiet day ahead in terms of economic events…

Global Markets: Asian Stock Markets : Nikkei up 0.46%, Shanghai Composite up 1.38%, Hang Seng up 1.44%, ASX up 0.57% Commodities : Gold at $1220.30 (-0.43%), Silver at $15.38 (-0.29%), Brent Oil at $72.88 (-0.25%), WTI Oil at $67.70 (-0.28%) Rates : US 10-year yield at 2.950, UK 10-year yield at 1.265, Germany 10-year yield … Continue reading Tuesday 24th July: Asian markets mostly higher, yuan in focus