The market witnessed sterling spike higher on speculation UK PM May was to offer major concessions on Brexit in an effort to push a deal through Parliament.
22
May
2019
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21
May
2019
Tuesday 21st May: Dollar teases underside of 98.00 ahead of Fed speak.
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The Australian dollar found broad support vs. the majority of its major rivals at the beginning of the week, a reaction to local elections: a surprise win for the Liberal-National coalition.
21
May
2019
Tuesday 21st May: Chinese markets recover as US eases restrictions on Huawei
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Global Markets: Asian Stock Markets : Nikkei down 0.20%, Shanghai Composite up 1.46%, Hang Seng up 0.08%, ASX up 0.17% Commodities : Gold at $1275.05 (-0.18%), Silver at $14.41 (-0.26%), Brent Oil at $72.20 (+0.32%), WTI Oil at $63.48 (+0.43%) Rates : US 10-year yield at 2.419, UK 10-year yield at 1.064, Germany 10-year yield … Continue reading Tuesday 21st May: Chinese markets recover as US eases restrictions on Huawei
19
May
2019
Monday 20th May: Weekly technical outlook and review.
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US dollar index picked up steam, this sent the EUR/USD to a session low of 1.1155 into the week’s close. With limited support/demand visible to the left of current price until reaching Quasimodo support at 1.1130
17
May
2019
Friday 17th May : Beijing’s hard talk pulls down Chinese markets.
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Asia ex China gained, while China dropped, with investor sentiment bolstered by the positive cues overnight from Wall Street for a third straight session as upbeat corporate earnings results and U.S. economic data helped offset worries about U.S.-China trade tensions.