Thursday 31st May: Markets recover as Italian political crisis de-escalates

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Global Markets: Asian Stock Markets : Nikkei up 0.77%, Shanghai Composite up 1.56%, Hang Seng up 0.84%, ASX up 0.43% Commodities : Gold at $1304.00 (+0.19%), Silver at $16.55 (+0.04%), Brent Oil at $77.53 (-0.24%), WTI Oil at $68.12 (-0.13%) Rates : US 10-year yield at 2.846, UK 10-year yield at 1.249, Germany 10-year yield … Continue reading Thursday 31st May: Markets recover as Italian political crisis de-escalates

Thursday 31st May: Risk assets experience some relief as demand for safe havens diminish

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GBP/USD: The British pound is marginally stronger against its US counterpart this morning, benefiting from easing risk aversion. As you can see, H4 price found support just north of 1.32 at support drawn from 1.3222, and has since chalked up a series of recovery candles towards the 1.33 point. Also worthy of note on the … Continue reading Thursday 31st May: Risk assets experience some relief as demand for safe havens diminish

Wednesday 30th May: Italian political turmoil spills over to global markets

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Global Markets: Asian Stock Markets : Nikkei down 1.52%, Shanghai Composite down 1.39%, Hang Seng down 1.61%, ASX down 0.52% Commodities : Gold at $1299.70 (+0.05%), Silver at $16.39 (+0.10%), Brent Oil at $75.22 (-0.36%), WTI Oil at $66.61 (-0.18%) Rates : US 10-year yield at 2.810, UK 10-year yield at 1.190, Germany 10-year yield … Continue reading Wednesday 30th May: Italian political turmoil spills over to global markets