Global Markets: Asian Stock Markets : Nikkei up 1.29%, Shanghai Composite up 0.83%, Hang Seng up 1.00%, ASX up 0.90% Commodities : Gold at $1256.10 (-0.21%), Silver at $16.06 (-0.26%), Brent Oil at $77.35 (-0.05%), WTI Oil at $73.11 (+0.23%) Rates : US 10-year yield at 2.846, UK 10-year yield at 1.254, Germany 10-year yield … Continue reading Friday 6th July: Asian markets advance as US tariffs kick in
EUR/USD: For folks who read Thursday’s briefing you may recall the team highlighting a H4 green zone at 1.1734/1.17 for possible shorting opportunities (comprised of June’s opening level at 1.1705, a 61.8% H4 Fib resistance value at 1.1721, a H4 resistance area at 1.1710-1.1734 and the lower edge of a weekly resistance area at 1.1717). … Continue reading Friday 6th July: Fasten your seatbelts, it is NFP day, traders!
Global Markets: Asian Stock Markets : Nikkei down 0.86%, Shanghai Composite down 0.93%, Hang Seng down 1.16%, ASX up 0.45% Commodities : Gold at $1255.90 (+0.19%), Silver at $16.09 (+0.26%), Brent Oil at $77.82 (-0.54%), WTI Oil at $73.72 (-0.57%) Rates : US 10-year yield at 2.845, UK 10-year yield at 1.282, Germany 10-year yield … Continue reading Thursday 5th July: Asian markets brace for impact from Trump’s tariffs
EUR/USD: Limited action was seen across the markets on Wednesday, thanks largely to US banks closing their doors in observance of Independence Day. EUR/USD traders also struggled to find concrete direction amid a lack of economic data, hence the daily indecision candle. In Wednesday’s report, the team highlighted July’s opening level seen on the H4 … Continue reading Thursday 5th July: USD marginally lower as markets look to shake off quiet holiday trade
