Global Markets: Asian Stock Markets : Nikkei down 0.85%, Shanghai Composite down 0.18%, Hang Seng down 1.27%, ASX down 0.66% Commodities : Gold at $1328.40 (+0.10%), Silver at $16.64 (+0.05%), WTI Oil at $60.74 (+0.05%), Brent Oil at $64.56 (-0.12%) Rates : US 10-year yield at 2.830, UK 10-year yield at 1.484, Germany 10-year yield … Continue reading Wednesday 14th March: Threat of new US tariffs on Chinese imports pull down markets
EUR/USD: During the course of Monday’s sessions, the single currency caught an early bid on the back of possible exemptions of Eurozone countries on tariffs. Further buying came about following US CPI data, which broke the H4 mid-level resistance 1.2350 and eventually challenged the 1.24 handle going into the close. Upside remains capped on … Continue reading Wednesday 14th March: ECB President Draghi due to speak in Frankfurt around London’s opening time.
Global Markets: Asian stock markets: Nikkei up 2.07%, Shanghai Composite down 0.17%, Hang Seng down 0.09%, ASX down 0.36% Commodities: Gold at $1320.50 (-0.02%), Silver at $16.505 (-0.19%), WTI Oil at $61.27 (-0.15%), Brent Oil at $64.89 (-0.12%) Rates: US 10-year yield at 2.879, UK 10-year yield at 1.499, German 10-year yield at 0.627 News … Continue reading Tuesday 13th March: All eyes on US CPI data
EUR/USD: For the most part it was a relatively quiet Monday. The euro found a base of support at the 1.23 handle and continued to claw back losses seen in the aftermath of the ECB’s meet last week. The rebound also took place amid a deterioration of the USD, dropping back below the 90.00 … Continue reading Tuesday 13th March: All eyes on US inflation figures today, traders.
