Tuesday 1st October: Asian markets tick up ahead of Australia interest-rate announcement

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Global Markets: Asian Stock Markets : Nikkei up 0.59%, Shanghai Composite down 0.92%, Hang Seng up 0.53%, ASX up 0.81% Commodities: Gold at $1468.05 (-0.33%), Silver at $16.98 (-0.12%), Brent Oil at $59.54 (+0.49%), WTI Oil at $54.34 (+0.50%) Rates : US 10-year yield at 1.708, UK 10-year yield at 0.486, Germany 10-year yield at … Continue reading Tuesday 1st October: Asian markets tick up ahead of Australia interest-rate announcement

Tuesday 1st October: Dollar index clocks YTD highs with weekly resistance at 99.62 likely next in the firing range.

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Key risk events today: Australia Building Approvals m/m; Australia Cash Rate and RBA Rate Statement; FOMC Members Evans, Clarida, Bullard and Bowman Speak; UK Manufacturing PMI; EUR CPI Flash Estimate y/y; RBA Gov Lowe Speaks; Canadian GDP m/m; US ISM Manufacturing PMI; German Buba President Weidmann Speaks. EUR/USD: Europe’s single currency kicked off a fresh … Continue reading Tuesday 1st October: Dollar index clocks YTD highs with weekly resistance at 99.62 likely next in the firing range.

Monday 30th September: Asian markets mixed amid Chinese factory data.

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Global Markets: Asian Stock Markets : Nikkei down 0.56%, Shanghai Composite down 0.41%, Hang Seng up 0.63%, ASX down 0.41% Commodities: Gold at $1495.95 (-0.69%), Silver at $17.40 (-1.42%), Brent Oil at $60.99 (-0.08%), WTI Oil at $55.88 (-0.05%) Rates : US 10-year yield at 1.687, UK 10-year yield at 0.488, Germany 10-year yield at … Continue reading Monday 30th September: Asian markets mixed amid Chinese factory data.

Monday 30th September: Weekly technical outlook and review

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Persistent Brexit-related uncertainties continued to weigh on sterling Friday, down 0.26% against the buck. Following Wednesday’s completion of a head and shoulders topping formation off Quasimodo resistance at 1.2571.

Friday 27th September: Investors spooked by political uncertainty in the US

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Global Markets: Asian Stock Markets : Nikkei down 0.77%, Shanghai Composite up 0.14%, Hang Seng down 0.19%, ASX up 0.58% Commodities : Gold at $1508.75 (-0.43%), Silver at $17.68 (-1.31%), Brent Oil at $62.23 (-0.81%), WTI Oil at $56.16 (-0.44%) Rates : US 10-year yield at 1.703, UK 10-year yield at 0.525, Germany 10-year yield … Continue reading Friday 27th September: Investors spooked by political uncertainty in the US