Wednesday 17th July: Dollar index reclaims 97.00 to the upside; eyeing a possible run to weekly resistance at 97.72.

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Key risk events today: UK CPI y/y; UK PPI Input m/m; Canadian CPI m/m, Common CPI y/y, Manufacturing Sales m/m, Median CPI y/y and Trimmed CPI y/y; US Building Permits. EUR/USD: A weaker-than-expected German ZEW survey coupled with upbeat US retail sales kept the euro on the losing side of the table vs. the dollar … Continue reading Wednesday 17th July: Dollar index reclaims 97.00 to the upside; eyeing a possible run to weekly resistance at 97.72.

Tuesday 16th July: Asian markets mixed on Tuesday: RBA meeting and Sino-US trade front in focus

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Global Markets: Asian Stock Markets : Nikkei down 0.72%, Shanghai Composite down 0.34%, Hang Seng up 0.20%, ASX down 0.12% Commodities: Gold at $1416.35 (+0.20%), Silver at $15.40 (+0.24%), Brent Oil at $66.60 (+0.18%), WTI Oil at $59.60 (+0.03%) Rates : US 10-year yield at 2.092, UK 10-year yield at 0.803, Germany 10-year yield at … Continue reading Tuesday 16th July: Asian markets mixed on Tuesday: RBA meeting and Sino-US trade front in focus

Tuesday 16th July: Focus shifts to the UK jobs report and US monthly retail sales figures.

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Key risk events today: UK Average Earnings Index 3m/y; UK Claimant Count Change; UK Unemployment Rate; German ZEW Economic Sentiment; FOMC Member Bowman Speaks; US Core Retail Sales m/m; US Retail Sales m/m; Fed Chair Powell Speaks; FOMC Member Evans Speaks. EUR/USD: The euro concluded modestly weaker Monday, down 0.11% vs. the US dollar. H4 … Continue reading Tuesday 16th July: Focus shifts to the UK jobs report and US monthly retail sales figures.

Monday 15th July: Asian markets edge higher as Chinese economic data meets expectations

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Global Markets: Asian Stock Markets : Nikkei up 0.20%, Shanghai Composite up 0.37%, Hang Seng up 0.08%, ASX down 0.52% Commodities: Gold at $1414.35 (+0.15%), Silver at $15.23 (-0.03%), Brent Oil at $66.56 (-0.24%), WTI Oil at $59.95 (-0.43%) Rates : US 10-year yield at 2.124, UK 10-year yield at 0.831, Germany 10-year yield at … Continue reading Monday 15th July: Asian markets edge higher as Chinese economic data meets expectations

Monday 15th July: Weekly technical outlook and review.

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Strengthened on the back of USD selling across the board Friday, the British pound rose higher and revisited supply fixed from 1.2588-1.2568. What’s interesting from a technical perspective is the area residing north of the supply.