Friday 21st February: Asian markets lower on concerns of virus effect on economy

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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

Friday 21st February: Technical Outlook and Review.

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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

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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

Wednesday 19th February: Asian markets mostly higher as new coronavirus cases continue to slow

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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