Tuesday 8th May : Markets look forward to Trump’s announcement on Iran today

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Global Markets: Asian Stock Markets : Nikkei up 0.17%, Shanghai Composite up 0.75%, Hang Seng up 1.35%, ASX up 0.07% Commodities : Gold at $1312.40 (-0.13%), Silver at $16.49 (-0.03%), WTI Oil at $75.50 (-0.88%), Brent Oil at $69.94 (-1.12%) Rates : US 10-year yield at 2.955, UK 10-year yield at 1.399, Germany 10-year yield … Continue reading Tuesday 8th May : Markets look forward to Trump’s announcement on Iran today

Tuesday 8th May: Fed Chair Powell due to deliver a speech today – audience questions expected!

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EUR/USD:    A scarce macroeconomic calendar along with UK banks being closed in observance of May Day kept the majority of major currencies within reasonably subdued states on Monday.  H4 demand at 1.1929-1.1952, as you can see, was consumed amid London trade, leaving H4 price free to challenge the nearby 1.19 handle during the US … Continue reading Tuesday 8th May: Fed Chair Powell due to deliver a speech today – audience questions expected!

Monday 7th May: Asian markets mostly higher on US wages report

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Global Markets: Asian Stock Markets : Nikkei down 0.10%, Shanghai Composite up 1.20%, Hang Seng up 0.14%, ASX up 0.30% Commodities : Gold at $1315.50 (+0.06%), Silver at $16.55 (+0.16%), WTI Oil at $75.59 (+0.96%), Brent Oil at $70.34 (+0.89%) Rates : US 10-year yield at 2.957, UK 10-year yield at 1.395, Germany 10-year yield … Continue reading Monday 7th May: Asian markets mostly higher on US wages report