Monday 25th November: Asian markets post gains, as investors hope for a phase-one trade deal

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Global Markets: Asian Stock Markets : Nikkei up 0.78%, Shanghai Composite up 0.49%, Hang Seng up 1.59%, ASX up 0.32% Commodities : Gold at $1464.90 (-0.38%), Silver at $17.01 (-0.79%), Brent Oil at $62.59 (+0.35%), WTI Oil at $57.94 (+0.29%) Rates : US 10-year yield at 1.784, UK 10-year yield at 0.703, Germany 10-year yield … Continue reading Monday 25th November: Asian markets post gains, as investors hope for a phase-one trade deal

Monday 25th November: Weekly technical outlook and review.

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Longer-term flow retained a bearish tone last week, languishing south of a long-standing resistance area at 1.1119-1.1295. Further selling going forward has the lower boundary of a descending channel to target (extended from the low 1.1109), merging closely with the 2016 yearly opening level at 1.0873.

Friday 22nd November: Asian markets take a pause from falls, but uncertainty limits gains

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Global Markets: Asian Stock Markets : Nikkei up 0.37%, Shanghai Composite down 0.75%, Hang Seng up 0.12%, ASX up 0.55% Commodities : Gold at $1466.40 (+0.19%), Silver at $17.09 (+0.16%), Brent Oil at $63.51 (-0.72%), WTI Oil at $58.12 (-0.79%) Rates : US 10-year yield at 1.776, UK 10-year yield at 0.752, Germany 10-year yield … Continue reading Friday 22nd November: Asian markets take a pause from falls, but uncertainty limits gains

Friday 22nd November: Euro steady ahead of manufacturing data.

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Key risk events today: French Flash Services PMI; French Flash Manufacturing PMI; German Flash Manufacturing PMI; German Flash Services PMI; EUR Flash Manufacturing PMI; EUR Flash Services PMI; UK Manufacturing PMI; UK Flash Services PMI; Canada core Retail Sales m/m; Canada Retail Sales m/m; US Flash Manufacturing PMI. Market news (Thursday): European Central Bank (ECB) … Continue reading Friday 22nd November: Euro steady ahead of manufacturing data.

Thursday 21st November: Asian markets in the red amid trade uncertainty

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Global Markets: Asian Stock Markets : Nikkei down 0.48%, Shanghai Composite down 0.30%, Hang Seng down 1.61%, ASX down 0.74% Commodities : Gold at $1470.35 (-0.26%), Silver at $17.06 (-0.33%), Brent Oil at $62.27 (-0.21%), WTI Oil at $56.89 (-0.21%) Rates : US 10-year yield at 1.738, UK 10-year yield at 0.723, Germany 10-year yield … Continue reading Thursday 21st November: Asian markets in the red amid trade uncertainty