On the much awaited FOMC rate decision holding pat in recent hours, dovish tweaks in the latest FOMC statement and Fed’s Powell stance shifting more dovish, the greenback fell sharply, printing fresh lows at 95.25.
The British pound, amid US trading hours, yielded ground to the US dollar, as the pair shrivelled over plan B Brexit concerns.
Global Markets: Asian Stock Markets : Nikkei down 0.44%, Shanghai Composite down 0.47%, Hang Seng up 0.24%, ASX up 0.21% Commodities : Gold at $1313.85 (+0.38%), Silver at $15.97 (+0.81%), Brent Oil at $61.38 (+0.29%), WTI Oil at $53.41 (+0.19%) Rates : US 10-year yield at 2.721, UK 10-year yield at 1.268, Germany 10-year yield … Continue reading Wednesday 30th Janunary: Asian markets mixed
Global Markets: • Asian Stock Markets : Nikkei down 0.04%, Shanghai Composite up 0.14%, Hang Seng down 0.16%, ASX down 0.53% • Commodities : Gold at $1304.15 (+0.08%), Silver at $15.78 (+0.11%), Brent Oil at $60.41 (+1.00%), WTI Oil at $52.49 (+0.96%) • Rates : US 10-year yield at 2.746, UK 10-year yield at 1.277, … Continue reading Tuesday 29th January: Asian markets stumble on Huawei charges
Market caution is likely the cause of Monday’s pullback ahead of today’s Parliament Brexit vote. The House of Commons will be voting on Prime Minister May’s Brexit plan B, including a number of amendments nominated by the speaker.
