Global Markets: Asian Stock Markets : Nikkei up 0.85%, Shanghai Composite up 1.82%, Hang Seng up 1.62%, ASX up 3.11% Commodities : Gold at $1664.00 (-0.70%), Silver at $17.08 (+0.12%), Brent Oil at $36.69 (+6.78%), WTI Oil at $33.12 (+6.39%) Rates : US 10-year yield at 0.679, UK 10-year yield at 0.165, Germany 10-year yield … Continue reading Tuesday 10th March: Markets recover from yesterday’s firesale
Category: Recent
Tuesday 10th March: Technical Outlook and Review.
Europe’s single currency firmed Monday, benefitting from continued decline in US Treasuries and the dollar’s demise. the DXY cracked 95.00, levels not seen since October 2018. 1.14 was taken to the upside in early trade, with the latter pencilling in support for the remainder of the day.
Monday 9th March : Saudis add fuel to the fire – markets in deep red
Global Markets: Asian Stock Markets : Nikkei down 5.38%, Shanghai Composite down 3.01%, Hang Seng down 4.15%, ASX down 7.33% Commodities : Gold at $1673.30 (+0.05%), Silver at $16.73 (-3.10%), Brent Oil at $33.95 (-25.01%), WTI Oil at $30.16 (-26.94%) Rates : US 10-year yield at 0.478, UK 10-year yield at 0.233, Germany 10-year yield … Continue reading Monday 9th March : Saudis add fuel to the fire – markets in deep red
Monday 9th March: Weekly Technical Outlook and Review
EUR/USD bulls went on the offensive last week, sharply extending gains. Adding more than 250 points, price bettered long-term channel resistance, extended from the high 1.1569.
Friday 6th March: Markets continue to fall as corona fears grip the US
Global Markets: Asian Stock Markets : Nikkei down 2.72%, Shanghai Composite down 1.21%, Hang Seng down 2.44%, ASX down 2.81% Commodities : Gold at $1671.95 (+0.24%), Silver at $17.33 (-0.35%), Brent Oil at $49.66 (-0.66%), WTI Oil at $45.62 (-0.61%) Rates : US 10-year yield at 0.818, UK 10-year yield at 0.329, Germany 10-year yield … Continue reading Friday 6th March: Markets continue to fall as corona fears grip the US