EUR/USD: Despite substandard lower-tier data out of the US, the greenback (the US dollar index) extended gains Monday and tested highs of 96.82. A rising buck, as you can see, weighed on the euro. Following a sloppy retest to the underside of March’s opening level at 1.1373 on the H4 timeframe, the EUR/USD touched gloves … Continue reading Tuesday 5th March: BoE Gov. Carney due to testify before the House of Lords, in London
Global Markets: Asian Stock Markets : Nikkei down 0.53%, Shanghai Composite up 0.81%, Hang Seng up 0.02%, ASX down 0.29% Commodities : Gold at $1289.05 (+0.12%), Silver at $15.14 (+0.25%), Brent Oil at $65.41 (-0.40%), WTI Oil at $56.38 (-0.37%) Rates : US 10-year yield at 2.722, UK 10-year yield at 1.271, Germany 10-year yield … Continue reading Tuesday 5th March: Asian markets mostly lower following cues from Wall Street.
Global Markets: Asian Stock Markets : Nikkei up 1.04%, Shanghai Composite up 0.63%, Hang Seng up 0.62%, ASX up 0.40% Commodities : Gold at $1294.75 (-0.34%), Silver at $15.15 (-0.11%), Brent Oil at $65.35 (+0.43%), WTI Oil at $56.03 (+0.41%) Rates : US 10-year yield at 2.762, UK 10-year yield at 1.298, Germany 10-year yield … Continue reading Monday 4th March: Asian markets cheer on China US trade optimism
The US ISM manufacturing PMI fell into contraction Friday, with all of the major components falling and/or missing expectations. The impact of the report sent H4 flow through 1.14, though swiftly pared gains at 1.1408 as the dollar recovered, buoyed by increasing US Treasury yields.
Global Markets: Asian Stock Markets : Nikkei up 1.05%, Shanghai Composite up 1.47%, Hang Seng up 0.47%, ASX up 0.38% Commodities : Gold at $1312.65 (-0.26%), Silver at $15.54 (+0.01%), Brent Oil at $66.90 (+0.89%), WTI Oil at $57.63 (+0.72%) Rates : US 10-year yield at 2.719, UK 10-year yield at 1.293, Germany 10-year yield … Continue reading Friday 1st March: Asian markets rebound.
