Wednesday 16th May: Asian Markets fall on geo-political tensions

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Global Markets: Asian Stock Markets : Nikkei down 0.39%, Shanghai Composite down 0.17%, Hang Seng up 0.08%, ASX up 0.32% Commodities : Gold at $1294.40 (+0.32%), Silver at $16.31 (+0.25%), Brent Oil at $78.27 (-0.20%), WTI Oil at $71.17 (-0.20%) Rates : US 10-year yield at 3.069, UK 10-year yield at 1.518, Germany 10-year yield … Continue reading Wednesday 16th May: Asian Markets fall on geo-political tensions

Wednesday 16th May: USD proving resilient around monthly supply at 95.13-92.75 – further buying ahead?

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EUR/USD:    The buck reigned supreme on Tuesday with the currency striking fresh YTD highs, largely taking their cue from Treasury yields which pushed ahead to fresh multi-year highs. This movement – coupled with a German GDP miss and an in-line prelim estimate of Eurozone GDP – saw the euro take out the 1.19 handle … Continue reading Wednesday 16th May: USD proving resilient around monthly supply at 95.13-92.75 – further buying ahead?