Wednesday 3rd June: Technical Outlook and Review

IC Markets No Comments

The US dollar index, or more commonly referred to as the ‘DXY’, declined to levels not seen since March 13 on Tuesday after recording its sixth consecutive daily loss.

Tuesday 2nd June: Asian markets mostly higher on overnight optimism

IC Markets No Comments

Global Markets: Asian Stock Markets : Nikkei up 1.19%, Shanghai Composite up 0.20%, Hang Seng up 0.96%, ASX up 0.27% Commodities : Gold at $1744.90 (-0.31%), Silver at $18.72 (-0.58%), Brent Oil at $38.77 (+1.17%), WTI Oil at $35.77 (+0.93%) Rates : US 10-year yield at 0.656, UK 10-year yield at 0.209, Germany 10-year yield … Continue reading Tuesday 2nd June: Asian markets mostly higher on overnight optimism

Tuesday 2nd June: Technical Outlook and Review

IC Markets No Comments

Despite Monday’s advance, a turn from 1.1157/1.1099 places 1.0995 on the hit list as support; alternatively, additional upside has resistance at 1.1239 calling for attention (essentially the same base as weekly QM).

Monday 1st June: Asian markets mostly higher as China data shows pickup

IC Markets No Comments

Global Markets: Asian Stock Markets : Nikkei up 0.81%, Shanghai Composite up 2.21%, Hang Seng up 3.40%, ASX up 1.10% Commodities : Gold at $1752.05 (+0.02%), Silver at $18.82 (+1.74%), Brent Oil at $37.82 (-0.05%), WTI Oil at $35.42 (-0.20%) Rates : US 10-year yield at 0.674, UK 10-year yield at 0.201, Germany 10-year yield … Continue reading Monday 1st June: Asian markets mostly higher as China data shows pickup