Global Markets: Asian Stock Markets : Nikkei down 0.51%, Shanghai Composite down 1.02%, Hang Seng down 0.59%, ASX down 0.71% Commodities: Gold at $1419.15 (+0.51%), Silver at $15.32 (+0.16%), Brent Oil at $65.36 (-0.47%), WTI Oil at $59.13 (-0.50%) Rates : US 10-year yield at 2.017, UK 10-year yield at 0.827, Germany 10-year yield at … Continue reading Friday 28th June: Asian markets sink on Friday as anxious investors wait for Trump-Xi talk
Global Markets: Asian Stock Markets : Nikkei up 1.06%, Shanghai Composite up 0.62%, Hang Seng up 1.19%, ASX up 0.27% Commodities: Gold at $1409.45 (-0.42%), Silver at $15.29 (-0.57%), Brent Oil at $65.47 (-0.33%), WTI Oil at $59.13 (-0.42%) Rates : US 10-year yield at 2.059, UK 10-year yield at 0.820, Germany 10-year yield at … Continue reading Thursday 27th June: Asian markets gain on optimistic signs ahead of Trump-Jinping meeting
Key risk events today: German Prelim CPI m/m; US Final GDP q/q. EUR/USD: EUR/USD prices head into Asia Pac hours unchanged, by way of a clear-cut daily indecision candle. Macroeconomic data out of the US was largely ignored Wednesday – durable goods orders declined in May 1.3%, with core durable goods orders rising 0.3%. Technically … Continue reading Thursday 27th June: Dollar robust ahead of 96.00 ahead of US final GDP data.
Global Markets: Asian Stock Markets : Nikkei down 0.51%, Shanghai Composite down 0.20%, Hang Seng up 0.15%, ASX down 0.26% Commodities : Gold at $1412.05 (-0.47%), Silver at $15.21 (-0.57%), Brent Oil at $65.37 (+1.70%), WTI Oil at $59.08 (+2.16%) Rates : US 10-year yield at 2.004, UK 10-year yield at 0.793, Germany 10-year yield … Continue reading Wednesday 26th June: Asian markets extend losses on pretext of lowered expectations for Fed rate cut and trade talks
Key risk events today: New Zealand Official Cash Rate and RBNZ Rate Statement; UK Inflation Report Hearings; US Core Durable Goods Orders m/m; US Durable Goods Orders m/m. EUR/USD: The shared currency concluded Tuesday’s session snapping a 4-day winning streak (supported by momentum flows after last week’s dovish FOMC), after shaking hands with a H4 … Continue reading Wednesday 26th June: Dollar snaps four-day losing streak and forms daily bullish engulfing candle.
