Global Markets: Asian Stock Markets : Shanghai Composite down 0.55%, Hang Seng up 0.05%, ASX up 0.23% Commodities : Gold at $1313.70 (+0.14%), Silver at $16.23 (+0.28%), WTI Oil at $67.56 (+0.21%), Brent Oil at $63.66 (+0.19%) Rates : US 10-year yield at 2.898, UK 10-year yield at 1.485, Germany 10-year yield at 0.581 News … Continue reading Wednesday 21st March: FOMC minutes today, 25bps rate hike expected
EUR/USD: Thanks to a disappointing ZEW survey out of Germany, the euro was soft across the board on Tuesday. Dollar gains further accelerated the decline, with the DXY seen reclaiming the 90.00 mark in strong fashion. After chewing through a H4 support area at 1.2265/1.2279 on the EUR/USD (61.8% H4 support/H4 support level), further … Continue reading Wednesday 21st March: Highly anticipated FOMC monetary policy decision scheduled today – remain vigilant!
Global Markets: Asian Stock Markets : Nikkei down 0.60%, Shanghai Composite up 0.29%, Hang Seng up 0.20%, ASX down 0.39% Commodities : Gold at $1315.80 (-0.15%), Silver at $16.32 (-0.03%), WTI Oil at $66.57 (+0.79%), Brent Oil at $62.67 (+0.87%) Rates : US 10-year yield at 2.865, UK 10-year yield at 1.443, Germany 10-year yield … Continue reading Tuesday 20th March: Facebook pulls down global markets
EUR/USD: EUR/USD bulls went on the offensive during the course of Monday’s sessions, after sources reported that the ECB is comfortable with the market pricing a first rate hike in Q2 2019, as quantitative easing should end in 2018. This led to a break of 1.23 handle on the H4 timeframe, followed by continued … Continue reading Tuesday 20th March: Keep a tab on GBP-related markets today, traders – inflation data in sight
