Global Markets: Asian Stock Markets : Nikkei up 0.74%, Shanghai Composite up 0.40%, Hang Seng up 2.03%, ASX up 0.12% Commodities : Gold at $1710.70 (-0.97%), Silver at $17.94 (-0.70%), Brent Oil at $40.84 (+2.13%), WTI Oil at $37.97 (+1.50%) Rates : US 10-year yield at 0.857, UK 10-year yield at 0.340, Germany 10-year yield … Continue reading Friday 5th June: Asian markets higher; Investors await US jobs report
EUR/USD bulls entered a strong offensive phase Thursday, following Eur130 billion German fiscal stimulus, with additional impetus provided by the ECB exceeding expectations for a Eur500 billion PEPP boost.
Global Markets: Asian Stock Markets : Nikkei up 0.36%, Shanghai Composite down 0.14%, Hang Seng down 0.30%, ASX up 0.84% Commodities : Gold at $1701.25 (-0.21%), Silver at $17.81 (-0.81%), Brent Oil at $39.10 (-1.73%), WTI Oil at $36.48 (-2.17%) Rates : US 10-year yield at 0.751, UK 10-year yield at 0.264, Germany 10-year yield … Continue reading Thursday 4th June: Asian markets mixed as investors weigh recovery vs geopolitical tensions
Key risk events today: Australia Trade Balance; ECB Main Refinancing Rate, Monetary Policy Statement and Press Conference; Canada Trade Balance; US Unemployment Claims. (Previous analysis as well as outside sources – italics). EUR/USD: Europe’s single currency derived fresh impetus from upbeat Eurozone services PMIs and continued USD depreciation Wednesday. The US dollar index recorded its … Continue reading Thursday 4th June: Technical Outlook and Review
Global Markets: Asian Stock Markets : Nikkei up 1.29%, Shanghai Composite up 0.07%, Hang Seng up 1.36%, ASX up 1.83% Commodities : Gold at $1726.60 (-0.43%), Silver at $18.18 (-0.47%), Brent Oil at $40.18 (+1.54%), WTI Oil at $37.61 (+2.17%) Rates : US 10-year yield at 0.705, UK 10-year yield at 0.246, Germany 10-year yield … Continue reading Wednesday 3rd June: Asian markets extend gains on recovery optimism
