Global Markets: Asian Stock Markets : Nikkei down 0.83%, ASX up 0.32% Commodities : Gold at $1281.90 (+0.27%), Silver at $16.52 (+0.24%), Brent Oil at $72.75 (-0.94%), WTI Oil at $63.64 (-1.87%) Rates : US 10-year yield at 2.906, UK 10-year yield at 1.329, Germany 10-year yield at 0.402 News & Data: (USD) Prelim UoM … Continue reading Monday 18th June: Asian markets lower as US and China lock horns
EUR/USD: Weekly Gain/Loss: -1.34% Weekly Closing price: 1.1605 The single currency, as you can see, lost considerable ground against its US counterpart over the course of last week’s trade. Modelled in the shape of a weekly bearish engulfing candle, the pair snowballed south from the upper limit of a weekly demand-turned resistance area at 1.1717-1.1862 … Continue reading Monday 18th June: Weekly technical outlook and review
Global Markets: Asian Stock Markets : Nikkei up 0.55%, Shanghai Composite down 0.87%, Hang Seng down 0.08%, ASX up 1.32% Commodities : Gold at $1304.70 (-0.28%), Silver at $17.21 (-0.33%), Brent Oil at $75.86 (-0.11%), WTI Oil at $66.92 (+0.04%) Rates : US 10-year yield at 2.935, UK 10-year yield at 1.311, Germany 10-year yield … Continue reading Friday 15th June: Markets lower as US-Sino Trade Tariff announcements expected today
EUR/USD: The EUR/USD, as you can see, lost considerable ground against its US counterpart on Thursday, down 1.77%. The ECB announced QE changes and also suggested that interest rates will not be lifted until the summer of 2019 at the earliest. Euro longs subsequently bailed, with the single currency seen concluding the day dipping its … Continue reading Friday 15th June: USD seen shaking hands with the top edge of monthly supply at 95.13-92.75
