Global Markets: Asian Stock Markets : Nikkei down 0.30%, Shanghai Composite down 0.50%, Hang Seng down 1.14% Commodities : Gold at $1328.40 (-0.35%), Silver at $16.66 (-0.29%), WTI Oil at $73.83 (-0.04%), Brent Oil at $67.66 (-0.06%) Rates : US 10-year yield at 3.000, UK 10-year yield at 1.528, Germany 10-year yield at 0.619 News … Continue reading Wednesday 25th April: Asian markets lower on costs expansion concerns
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Wednesday 25th April: Quiet calendar ahead – expect technicals to reign for the majority of the day
EUR/USD: Following a three-day slide, the single currency staged a modest recovery on Tuesday after whipsawing through both the 1.22 handle and March’s opening level at 1.2191 seen on the H4 timeframe. Yesterday’s upside move was bolstered by a USD correction, which failed to hold above the 91.00 mark (DXY) despite the 10 year … Continue reading Wednesday 25th April: Quiet calendar ahead – expect technicals to reign for the majority of the day
Tuesday 24th April 2018: Asian markets rebound
Global Markets: Asian Stock Markets : Nikkei up 0.88%, Shanghai Composite up 1.79%, Hang Seng up 1.05%, ASX up 0.71% Commodities : Gold at $1329.10 (+0.39%), Silver at $16.68 (+0.56%), WTI Oil at $75.08 (+0.50%), Brent Oil at $69.17 (+0.77%) Rates : US 10-year yield at 2.962, UK 10-year yield at 1.525, Germany 10-year yield … Continue reading Tuesday 24th April 2018: Asian markets rebound
Tuesday 24th April: US consumer confidence survey in view – keep an eye on USD-related markets during this time!
EUR/USD: Forming a firm foothold above the 90.50 threshold on Monday, the US dollar traded higher against G10 rivals even though the 10 year US Treasury yield had not quite printed 3%. As of current writing, the EUR/USD market is seen challenging a swing low support on the H4 timeframe priced in at 1.2218, … Continue reading Tuesday 24th April: US consumer confidence survey in view – keep an eye on USD-related markets during this time!
