Global Markets: Asian stock markets: Nikkei up 0.47%, Shanghai Composite up 0.56%, Hang Seng up 1.07%, ASX up 0.34% Commodities: Gold at $1319.30 (-0.19%), Silver at $16.445 (-0.30%), WTI Oil at $60.20 (+0.13%), Brent Oil at $63.74 (+0.20%) Rates: US 10-year yield at 2.872, UK 10-year yield at 1.474, German 10-year yield at 0.632 News … Continue reading Friday 9th March: Trump to meet Kim Jong Un by May to discuss denuclearization
EUR/USD: The value of the single currency weakened in aggressive fashion on Thursday, following ECB president Draghi’s dovish message in his post-meeting presser. The result was an aggressive breach of 1.24, the H4 mid-level support at 1.2350 and a minor violation of 1.23. It might also be worth noting that this move broke a … Continue reading Friday 9th March: It’s NFP day – expect potentially volatile moves going into US trading
Global Markets: Asian stock markets: Nikkei up 0.55%, Shanghai Composite up 0.28%, Hang Seng up 1.37%, ASX up 0.69% Commodities: Gold at $1328.30 (+0.05%), Silver at $16.530 (+0.22%), WTI Oil at $61.22 (+0.22%), Brent Oil at $64.39 (+0.08%) Rates: US 10-year yield at 2.879, UK 10-year yield at 1.501, German 10-year yield at 0.662 News … Continue reading Thursday 8th March: Mexico, Canada may be exempt from trade tariffs
EUR/USD: During the course of Wednesday’s movement, the EUR/USD stamped in a reasonably strong selling wick on the daily timeframe, hinting momentum may be diminishing. A downside push on this scale has the daily support area at 1.2246-1.2164 to target. Weekly action, on the other hand, remains within the limits of a weekly supply … Continue reading Thursday 8th March: ECB Press Conference on the hit list today
