Global Markets: Asian stock markets: Nikkei fell 0.32 %, Shanghai Composite down 0.22 %, Hang Seng lost 0.24 %, ASX 200 declined 0.17 % Commodities: Gold at $1260.10, Silver at $16.11, WTI Oil at $56.70, Brent Oil at $62.80 Rates: US 10-year yield at 2.36, UK 10-year yield at 1.21, German 10-year yield at 0.31 … Continue reading Thursday 14th December: European Open Briefing
EUR/USD: In recent sessions, the EUR/USD extended its bounce from the H4 Quasimodo support level at 1.1722, taking out October’s opening level seen on the H4 timeframe at 1.1788 and also the 1.18 handle. The Federal Reserve, as expected, increased its benchmark interest rate by 25bps to 1.50%. However, as far as we can … Continue reading Thursday 14th December: Heavy day expected in GBP-related markets.
Global Markets: Asian stock markets: Nikkei fell 0.52 %, Shanghai Composite gained 0.51 %, Hang Seng rose 1.38 %, ASX 200 up 0.14 % Commodities: Gold at $1245.90, Silver at $15.74, WTI Oil at $57.52, Brent Oil at $63.87 Rates: US 10-year yield at 2.39, UK 10-year yield at 1.21, German 10-year yield at 0.32 … Continue reading Wednesday 13th December: European Open Briefing
EUR/USD: The euro, as you can see, came under pressure on Tuesday after retesting October’s opening level seen on the H4 timeframe at 1.1788. The selloff received additional fuel on the back of stronger-than-expected US PPI data, forcing the unit to connect with a H4 Quasimodo support coming in at 1.1722, which held firm … Continue reading Wednesday 13th December: FOMC takes center stage today, traders
