Global Markets: Asian Stock Markets : Nikkei up 0.73%, Shanghai Composite up 0.69%, Hang Seng up 1.50%, ASX up 0.81% Commodities : Gold at $1335.60 (-0.34%), Silver at $16.44 (-0.57%), WTI Oil at $69.06 (+0.60%), Brent Oil at $63.84 (+0.66%) Rates : US 10-year yield at 2.805, UK 10-year yield at 1.401, Germany 10-year yield … Continue reading Tuesday 10th April: Xi’s speech at Boao Forum drives markets
EUR/USD: Movement was mainly dictated by the USD side of the pair during the course of Monday’s segment. The DXY was lower against most majors, consequently propping up the euro. Extending Friday’s NFP-induced gains, the EUR/USD managed to conquer the 1.23 handle and eventually April’s opening level seen on the H4 timeframe at 1.2320. … Continue reading Tuesday 10th April: US dollar remains buoyant above large monthly support at 88.50.
Global Markets: Asian Stock Markets : Nikkei up 0.67%, Shanghai Composite up 0.16%, Hang Seng up 1.33%, ASX up 0.35% Commodities : Gold at $1336.30 (+0.01%), Silver at $16.41 (+0.29%), WTI Oil at $67.39 (+0.42%), Brent Oil at $62.30 (+0.39%) Rates : US 10-year yield at 2.794, UK 10-year yield at 1.398, Germany 10-year … Continue reading Monday 9th April: Asian markets firmer, after rebound in US equity futures
Did you know that over 80% of the trading volume in the FX market is dominated by only a handful of currencies? According to the Bank for International settlements, the Japanese yen is the third largest currency in motion, behind the US dollar and the euro. Japan is also a highly developed and market-orientated economy, … Continue reading A beginner’s guide to the Japanese yen
