An outperformer on the day, the British pound scored fresh monthly highs of 1.3120 against its US counterpart in recent movement. A blend of upbeat UK data and election polls favouring UK PM Johnson’s Conservatives provided support.
Global Markets: Asian Stock Markets : Nikkei down 1.05%, Shanghai Composite down 0.24%, Hang Seng down 1.21%, ASX down 1.58% Commodities : Gold at $1486.75 (+0.16%), Silver at $17.29 (+0.26%), Brent Oil at $61.32 (+0.82%), WTI Oil at $56.52 (+0.75%) Rates : US 10-year yield at 1.721, UK 10-year yield at 0.672, Germany 10-year yield … Continue reading Wednesday 4th December: Asian markets mixed as investors fear longer broader trade war
Cable traded firmer Tuesday amid hotter-than-expected UK Markit Construction PMI, and latest election polls displaying a widening lead in favour of Conservatives.
Global Markets: Asian Stock Markets : Nikkei down 0.64%, Shanghai Composite up 0.22%, Hang Seng down 0.37%, ASX down 2.19% Commodities : Gold at $1466.45 (-0.19%), Silver at $16.96 (-0.02%), Brent Oil at $61.12 (+0.33%), WTI Oil at $56.22 (+0.46%) Rates : US 10-year yield at 1.845, UK 10-year yield at 0.742, Germany 10-year yield … Continue reading Tuesday 03rd December: Asian markets lose as Tariff Man returns
Europe’s single currency strongly advanced against its US counterpart Monday, adding more than 60 points, or 0.58%. The buck turned lower following US President Trump’s announcement of steel and aluminium tariffs on Brazil and Argentina.
