Global Markets: Asian Stock Markets : Nikkei up 0.12%, Shanghai Composite down 0.01%, Hang Seng down 0.24%, ASX down 0.32% Commodities : Gold at $1303.85 (-0.20%), Silver at $15.33 (-0.29%), Brent Oil at $67.80 (+0.28%), WTI Oil at $59.31 (+0.03%) Rates : US 10-year yield at 2.610, UK 10-year yield at 1.194, Germany 10-year yield … Continue reading Wednesday 20th March: Asian markets see-saw as Fed announcements awaited
Category: Recent
Wednesday 20th March: FOMC takes centre stage; the central bank widely expected to keep policy unchanged.
Underpinned by a softer greenback, the EUR/USD extended gains for a third consecutive day Tuesday, up 0.13%. The buck is seemingly weaker on fears of a dovish Fed, with the central bank widely expected to keep policy unchanged today.
Tuesday 19th March: Sterling consolidates ahead of UK job’s data.
EUR/USD bulls went on the offensive Monday, extending Friday’s rally. Up 0.10%, the pair is closing in on a daily channel resistance etched from the high 1.1569.
Monday 18th March: Asian markets higher on hopes that Fed will be supportive
Global Markets: Asian Stock Markets : Nikkei up 0.57%, Shanghai Composite up 1.80%, Hang Seng up 1.07%, ASX up 0.25% Commodities : Gold at $1298.45 (-0.34%), Silver at $15.27 (-0.33%), Brent Oil at $67.14 (-0.03%), WTI Oil at $58.69 (-0.22%) Rates : US 10-year yield at 2.600, UK 10-year yield at 1.209, Germany 10-year yield … Continue reading Monday 18th March: Asian markets higher on hopes that Fed will be supportive
Monday 18th March: Weekly technical outlook and review.
Following three stormy days, Thursday and Friday were somewhat calmer in comparison. Leaving 1.32 unchallenged Friday, the day concluded testing the underside of 1.33 after conquering March’s opening level at 1.3264.