Global Markets: Asian Stock Markets : Nikkei up 0.35%, Shanghai Composite down 0.44%, Hang Seng down 0.42%, ASX up 0.13% Commodities : Gold at $1348.95 (+0.39%), Silver at $14.92 (+0.17%), Brent Oil at $61.83 (+0.85%), WTI Oil at $52.52 (+0.46%) Rates : US 10-year yield at 2.086, UK 10-year yield at 0.835, Germany 10-year yield … Continue reading Friday 14th June: Markets lower on Middle East tensions
EUR/USD: With upside attempts being limited at the 1.13 handle during early European hours Thursday, the euro declined further against the greenback, down 0.09% on the day. As is evident from the H4 timeframe, the next downside obstacle falls in around support at 1.1262, which happens to align closely with a 38.2% Fibonacci retracement at … Continue reading Friday 14th June: Dollar crosses above 94.00 ahead of today’s retail sales figures.
Global Markets: Asian Stock Markets : Nikkei down 0.63%, Shanghai Composite up 0.18%, Hang Seng down 0.52%, ASX down 0.04% Commodities : Gold at $1339.30 (+0.19%), Silver at $14.78 (+0.16%), Brent Oil at $60.62 (+1.08%), WTI Oil at $51.42 (+0.55%) Rates : US 10-year yield at 2.112, UK 10-year yield at 0.868, Germany 10-year yield … Continue reading Thursday 13th June: Hang Seng plagued by protests over controversial extradition bill
EUR/USD: By way of a daily bearish engulfing formation, the euro declined 0.34% against the US dollar Wednesday, consequently reclaiming the 1.13 handle on the H4 timeframe. According to the newswires, the buck caught a bid following China’s Global Times editor hinting China is preparing for a prolonged trade war. With 1.13 now likely to … Continue reading Thursday 13th June: Broad-based dollar buying has 97.00 in view as potential resistance.
Global Markets: Asian Stock Markets : Nikkei down 0.17%, Shanghai Composite down 0.61%, Hang Seng down 1.81%, ASX up 0.07% Commodities : Gold at $1335.95 (+0.36%), Silver at $14.77 (+0.22%), Brent Oil at $61.27 (-1.64%), WTI Oil at $52.31 (-1.80%) Rates : US 10-year yield at 2.134, UK 10-year yield at 0.849, Germany 10-year yield … Continue reading Wednesday 12th June: Asian markets on the backfoot as they wait for US inflation data
