The price of gold, in $ terms, kicked off the week on a negative tone, concluding the day down nearly 0.50%. Reclaiming a large portion of Friday’s gains, daily flow is seen eyeballing a retest of a support area coming in at 1272.5-1261.5.
Global Markets: Asian Stock Markets : Nikkei down 0.22%, Shanghai Composite down 0.77%, Hang Seng up 0.85%, ASX down 0.41% Commodities : Gold at $1284.95 (-0.30%), Silver at $15.04 (-0.29%), Brent Oil at $71.00 (-0.88%), WTI Oil at $62.80 (-0.79%) Rates : US 10-year yield at 2.507, UK 10-year yield at 1.155, Germany 10-year yield … Continue reading Monday 29th April: Asian markets trading mixed.
In recent sessions, the US dollar fell as the market shrugged off a GDP beat. Despite this, the currency managed to hold the majority of the week’s gains around the 98.00 handle (US dollar index).
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Global Markets: Asian Stock Markets : Nikkei down 0.29%, Shanghai Composite down 0.32%, Hang Seng up 0.21%, ASX up 0.03% Commodities : Gold at $1281.95 (+0.18%), Silver at $14.94 (+0.43%), Brent Oil at $74.19 (-0.22%), WTI Oil at $64.92 (-0.44%) Rates : US 10-year yield at 2.534, UK 10-year yield at 1.154, Germany 10-year yield … Continue reading Friday 26th April: Asian markets lower on growth concerns
