Friday 22nd May: Hong Kong plummets as China talks of new restrictions

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Global Markets: Asian Stock Markets : Nikkei down 0.80%, Shanghai Composite down 1.89%, Hang Seng down 5.69%, ASX down 0.96% Commodities : Gold at $1736.75 (+0.86%), Silver at $17.42 (+0.33%), Brent Oil at $34.30 (-4.88%), WTI Oil at $31.86 (-6.07%) Rates : US 10-year yield at 0.636, UK 10-year yield at 0.139, Germany 10-year yield … Continue reading Friday 22nd May: Hong Kong plummets as China talks of new restrictions

Friday 22nd May: Technical Outlook and Review

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Key risk events today: BoJ Monetary Policy Statement and Press Conference; UK Retail Sales m/m; ECB Monetary Policy Meeting Accounts; Canada Core Retail Sales m/m. (Previous analysis as well as outside sources – italics). EUR/USD: Europe’s shared currency concluded lower against the US dollar Thursday, unwinding from the key figure 1.10, a move reaching as … Continue reading Friday 22nd May: Technical Outlook and Review

Thursday 21st May: Technical Outlook and Review

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Key risk events today: RBA Gov Lowe Speaks; French Flash Services PMI and Flash Manufacturing PMI; German Flash Manufacturing PMI and Flash Services PMI; Euro Flash Manufacturing PMI and Flash Services PMI; UK Flash Services PMI and Flash Manufacturing PMI; Philly Fed Manufacturing Index; US Unemployment Claims; US Flash Manufacturing PMI and Flash Services PMI; … Continue reading Thursday 21st May: Technical Outlook and Review

Wednesday 20th May: Asian markets mixed as virus vaccine rally gives up.

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Global Markets: Asian Stock Markets : Nikkei up 0.79%, Shanghai Composite down 0.51%, Hang Seng down 0.13%, ASX up 0.24% Commodities : Gold at $1753.30 (+0.44%), Silver at $17.98 (+0.42%), Brent Oil at $34.74 (+0.26%), WTI Oil at $31.87 (-0.28%) Rates : US 10-year yield at 0.695, UK 10-year yield at 0.232, Germany 10-year yield … Continue reading Wednesday 20th May: Asian markets mixed as virus vaccine rally gives up.