Global Markets: Asian Stock Markets : Nikkei down 0.45%, Shanghai Composite down 1.41%, Hang Seng down 1.47%, ASX down 0.05% Commodities : Gold at $1299.10 (-0.30%), Silver at $16.69 (-0.74%), Brent Oil at $77.00 (-0.41%), WTI Oil at $65.75 (-0.30%) Rates : US 10-year yield at 2.933, UK 10-year yield at 1.408, Germany 10-year yield … Continue reading Friday 8th June: Asian markets lower as Risk Sentiment sours
EUR/USD: As is evident from the charts this morning the shared currency maintained its upward bias on Thursday, supported by a somewhat waning USD. In consequence to this, H4 action crunched its way through the 1.18 handle and reached highs of 1.1839 as we entered into US hours. As you can see, though, the pair … Continue reading Friday 8th June: G7 meetings in focus today, traders
Global Markets: Asian Stock Markets : Nikkei up 0.80%, Shanghai Composite up 0.06%, Hang Seng up 0.71%, ASX up 0.60% Commodities : Gold at $1301.10 (-0.02%), Silver at $16.70 (+0.01%), Brent Oil at $75.86 (+0.66%), WTI Oil at $65.11 (+0.59%) Rates : US 10-year yield at 2.972, UK 10-year yield at 1.380, Germany 10-year yield … Continue reading Thursday 7th June: Asian markets rise on indications of ECB tightening
EUR/USD: The EUR/USD continued to entice bidders into the market amid trade on Wednesday, consequently lifting H4 price through mid-level resistance at 1.1750 and testing nearby supply seen printed at 1.1793-1.1768. The latest advance came as a consequence of the market’s positive mood on ECB headlines. What’s also notable from a technical perspective is the … Continue reading Thursday 7th June: Broad USD losses out of (DXY) monthly supply at 95.13-92.75 provides much needed support to majors
