Please note that with the upcoming Chinese Lunar Year Celebrations, IC Markets’ Trading Schedule will see temporary changes.
Category: Recent
Monday 20th January: Weekly Technical Outlook and Review.
The US dollar continued to flourish against its major G10 peers Friday, crossing last Friday’s pre-NFP high of 97.58 (US dollar index). The greenback caught tailwinds from stronger-than-expected housing starts data, though largely ignored disappointing industrial production, mixed UoM (consumer sentiment) and US Treasury yields fading daily highs of 1.851%.
Friday 17th January: Upbeat economic data drive Asian markets higher
Global Markets: Asian Stock Markets : Nikkei up 0.47%, Shanghai Composite up 0.08%, Hang Seng down 0.07%, ASX up 0.32% Commodities : Gold at $1554.55 (+0.26%), Silver at $18.02 (+0.43%), Brent Oil at $64.58 (-0.06%), WTI Oil at $58.48 (-0.07%) Rates : US 10-year yield at 1.829, UK 10-year yield at 0.635, Germany 10-year yield … Continue reading Friday 17th January: Upbeat economic data drive Asian markets higher
Martin Luther King Day Trading Schedule 2020
Please note that in observance of the upcoming Martin Luther King Day on Monday 20th January 2020, there will be temporary changes to IC Markets’ trading schedule.
Friday 17th January: Broad-Based USD Buying Weighs on G10 Peers.
Key risk events today: China GDP q/y; China Fixed Asset Investment ytd/y; China Industrial Production y/y; UK Retail Sales m/m; US Building Permits and Housing Starts; FOMC Member Harker Speaks; Prelim UoM Consumer Sentiment. (Italics represents previous analysis and outside sources) EUR/USD: Thursday had the EUR/USD refresh weekly highs at 1.1172 before rotating to the … Continue reading Friday 17th January: Broad-Based USD Buying Weighs on G10 Peers.