Global Markets: Asian Stock Markets : Nikkei down 1.70%, Shanghai Composite down 0.26%, Hang Seng down 0.64%, ASX down 0.05% Commodities : Gold at $1292.60 (+0.43%), Silver at $14.49 (+0.01%), Brent Oil at $64.69 (-0.98%), WTI Oil at $56.13 (-0.81%) Rates : US 10-year yield at 2.170, UK 10-year yield at 0.899, Germany 10-year yield … Continue reading Friday 31st May: Trumpomania drags markets lower
EUR/USD: For traders who read Thursday’s morning brief you may recall the report underlined H4 resistance at 1.1142 (a Quasimodo support-turned resistance formation) as a potential area price may turn lower from (snippet taken from yesterday’s report): Short-term movement (H4), on the other hand, offers a possible shorting opportunity from resistance at 1.1142 (a Quasimodo … Continue reading Friday 31st May: US announced a 5% tariff on all goods coming from Mexico; intensifying volatility in early trade.
Global Markets: Asian Stock Markets : Nikkei down 0.42%, Shanghai Composite down 0.83%, Hang Seng down 0.52%, ASX down 0.82% Commodities : Gold at $1276.50 (-0.35%), Silver at $14.35 (-0.41%), Brent Oil at $68.16 (+0.43%), WTI Oil at $59.23 (+0.71%) Rates : US 10-year yield at 2.268, UK 10-year yield at 0.900, Germany 10-year yield … Continue reading Thursday 30th May: Asian markets lower as risk sentiment sours
EUR/USD: Recording its third consecutive daily loss, the EUR/USD is seen nursing losses just north of a H4 Quasimodo support at 1.1118 as we head into Asia Pac hours. Having seen this Quasimodo already hold price higher once already last week, the 1.11 handle may elbow its way into the spotlight should further selling materialise. … Continue reading Thursday 30th May: Liquidity may thin today given major European banks closing in observance of Ascension Day.
Global Markets: Asian Stock Markets : Nikkei down 1.23%, Shanghai Composite up 0.14%, Hang Seng down 0.19%, ASX down 0.71% Commodities : Gold at $1280.75 (+0.29%), Silver at $14.36 (+0.26%), Brent Oil at $68.06 (-0.89%), WTI Oil at $58.48 (-1.12%) Rates : US 10-year yield at 2.241, UK 10-year yield at 0.927, Germany 10-year yield … Continue reading Wednesday 29th May: Asian markets track negative cues from Wall Street
