Global Markets: Asian Stock Markets : Nikkei down 0.39%, Shanghai Composite up 0.33%, Hang Seng down 0.99%, ASX down 0.33% Commodities : Gold at $1634.15 (+0.84%), Silver at $18.50 (+1.00%), Brent Oil at $58.71 (-1.01%), WTI Oil at $53.41 (-0.87%) Rates : US 10-year yield at 1.493, UK 10-year yield at 0.577, Germany 10-year yield … Continue reading Friday 21st February: Asian markets lower on concerns of virus effect on economy
Category: Recent
Friday 21st February: Technical Outlook and Review.
Key risk events today: Eurozone Flash Manufacturing/Services PMIs; UK Flash Manufacturing PMI and Flash Services PMI; Canada Core Retail Sales m/m and Retail Sales m/m; US Flash Manufacturing PMI. (Previous analysis as well as outside sources – italics). EUR/USD: EUR/USD concluded Thursday pretty much unchanged, but did manage to chalk up a bearish outside formation … Continue reading Friday 21st February: Technical Outlook and Review.
Thursday 20th February: Asian markets mixed; China cuts LPR
Global Markets: Asian Stock Markets : Nikkei up 0.34%, Shanghai Composite up 1.84%, Hang Seng down 0.34%, ASX up 0.25% Commodities : Gold at $1608.95 (-0.18%), Silver at $18.28 (-0.16%), Brent Oil at $59.28 (+0.27%), WTI Oil at $53.78 (+0.54%) Rates : US 10-year yield at 1.559, UK 10-year yield at 0.603, Germany 10-year yield … Continue reading Thursday 20th February: Asian markets mixed; China cuts LPR
Thursday 20th February: Gold Tests Levels Not Seen Since 2013; Eyes Weekly Resistance at 1636.0.
EUR/USD continues to echo a bearish stance, capped at the underside of the 1.08 handle on the H4 timeframe. The US dollar index continued marching higher Wednesday, scoring highs at 99.71, levels not seen since May 2017.
Wednesday 19th February: Asian markets mostly higher as new coronavirus cases continue to slow
Global Markets: Asian Stock Markets : Nikkei up 0.89%, Shanghai Composite down 0.34%, Hang Seng up 0.42%, ASX up 0.43% Commodities : Gold at $1605.75 (+0.13%), Silver at $18.25 (+0.53%), Brent Oil at $58.12 (+0.64%), WTI Oil at $52.69 (+0.76%) Rates : US 10-year yield at 1.563, UK 10-year yield at 0.609, Germany 10-year yield at -0.407 News & … Continue reading Wednesday 19th February: Asian markets mostly higher as new coronavirus cases continue to slow