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Global Markets: Asian Stock Markets : Nikkei down 0.78%, Shanghai Composite down 0.40%, Hang Seng down 1.00%, ASX down 0.09% Commodities : Gold at $1303.10 (+0.14%), Silver at $17.04 (+0.26%), Brent Oil at $76.48 (-0.34%), WTI Oil at $66.58 (-0.09%) Rates : US 10-year yield at 2.946, UK 10-year yield at 1.372, Germany 10-year yield … Continue reading Thursday 14th June: Asian markets mostly lower as Fed hikes rates by 25 bps

EUR/USD: The greenback soared across the board on Wednesday after the FOMC announced its decision to hike rates. The move, nonetheless, was a short-lived one. As Chairman Powell was giving his press conference, news that the US was preparing to place tariffs on China resulted in the dollar paring gains. As is displayed on the … Continue reading Thursday 14th June: Focus shifts from the FOMC to today’s ECB monetary policy decision and press conference

Global Markets: Asian Stock Markets : Nikkei up 0.38%, Shanghai Composite down 0.48%, Hang Seng down 0.50%, ASX down 0.61% Commodities : Gold at $1299.20 (-0.02%), Silver at $16.86 (-0.21%), Brent Oil at $75.66 (-0.29%), WTI Oil at $66.03 (-0.50%) Rates : US 10-year yield at 2.968, UK 10-year yield at 1.401, Germany 10-year yield … Continue reading Wednesday 13th June: Asian markets lower as investor’s await Fed announcement