Global Markets: Asian Stock Markets : Nikkei down 1.29%, Shanghai Composite down 0.04%, Hang Seng down 0.01%, ASX down 0.21% Commodities : Gold at $1294.90 (+0.41%), Silver at $16.46 (+0.34%), Brent at $79.53 (-0.34%), WTI Oil at $71.64 (-0.28%) Rates : US 10-year yield at 2.979, UK 10-year yield at 1.442, Germany 10-year yield at … Continue reading Thursday 24th May: Asian markets hit by US Federal Reserve’s latest policy
EUR/USD: The euro, as you can see, is trading markedly lower this morning. Soft Eurozone manufacturing, as well as continuing worries emanating from Italy, pressured the currency lower amid the early hours of London, bringing H4 price toward the 1.17 handle. During US trade, lows of 1.1675 were hit following the FOMC meeting minutes, with … Continue reading Thursday 24th May: A slew of central bank speakers take to the stage today – expect volatility
Global Markets: Asian Stock Markets : Nikkei down 1.14%, Shanghai Composite down 0.80%, Hang Seng down 1.02%, ASX down 0.22% Commodities : Gold at $1291.70 (-0.02%), Silver at $16.57 (-0.06%), Brent at $79.07 (-0.63%), WTI Oil at $71.92 (-0.39%) Rates : US 10-year yield at 3.052, UK 10-year yield at 1.519, Germany 10-year yield at … Continue reading Wednesday 23rd May: Asian markets mostly weak on Wednesday with investors cautious after US President remark
EUR/USD: Coming from the top this morning, it’s clear that the buyers and sellers remain battling for position within the lower limit of a weekly demand base at 1.1717-1.1862. In the event that the area holds, the next port of call to the upside is seen at 1.2004: a 2018 yearly opening level. A violation … Continue reading Wednesday 23rd May: USD showing signs of weakness – pressure from monthly supply at 95.13-92.75 kicking in?
