US equities declined sharply Tuesday, as financial markets contended with the risk of an all-out trade war between China and the United States. The S&P 500 ended the session down 1.65%.
08
May
2019
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07
May
2019
Tuesday 7th May: Asian markets off 5 week lows, uncertainty looms
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Global Markets: Asian Stock Markets : Nikkei down 1.55%, Shanghai Composite down 0.59%, Hang Seng down 0.02%, ASX up 0.19% Commodities : Gold at $1284.05 (+0.02%), Silver at $14.92 (-0.03%), Brent Oil at $71.00 (-0.34%), WTI Oil at $62.21 (-0.06%) Rates : US 10-year yield at 2.480, UK 10-year yield at 1.218, Germany 10-year yield … Continue reading Tuesday 7th May: Asian markets off 5 week lows, uncertainty looms
07
May
2019
Tuesday 7th May: Dollar remains languishing beneath weekly resistance; further downside possible.
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Sterling reclaimed a large portion of Friday’s NFP-induced gains Monday, weakened on the back of comments from senior Labour figures, who chucked cold water over the prospect of an imminent cross-party development.
06
May
2019
Monday 6th May: Asian markets plunge on trade tensions
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Global Markets: Asian Stock Markets : Shanghai Composite down 6.35%, Hang Seng down 3.38%, ASX down 0.85% Commodities : Gold at $1283.35 (+0.16%), Silver at $14.88 (-0.67%), Brent Oil at $69.27 (-2.23%), WTI Oil at $60.49 (-2.34%) Rates : US 10-year yield at 2.523, UK 10-year yield at 1.217, Germany 10-year yield at -0.003 News … Continue reading Monday 6th May: Asian markets plunge on trade tensions
05
May
2019
Monday 6th May: Weekly technical outlook and review.
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Violating a two-week bearish phase within the parapets of a long-standing demand zone at 1.1119-1.1295, the EUR/USD recovered in reasonably strong fashion last week.