Tuesday 14th July: Asian markets fall on renewed US China tensions

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Global Markets: Asian Stock Markets : Nikkei down 0.87%, Shanghai Composite down 0.83%, Hang Seng down 1.58%, ASX down 0.61% Commodities : Gold at $1804.25 (-0.54%), Silver at $19.41 (-1.91%), Brent Oil at $42.20 (-1.22%), WTI Oil at $39.48 (-1.55%) Rates : US 10-year yield at 0.615, UK 10-year yield at 0.149, Germany 10-year yield … Continue reading Tuesday 14th July: Asian markets fall on renewed US China tensions

Tuesday 14th July: Greenback Modestly Recovers Ahead of US Inflation Data

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The British pound concluded a shade lower against the greenback Monday, fading H4 Quasimodo resistance at 1.2653. Downside had the unit breach channel support, taken from the low 1.2257 (and retest the underside of the latter as resistance), and compete with orders at 1.26 as well as May’s opening level at 1.2583.

Monday 13th July: Weekly Technical Outlook and Review

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Europe’s single currency reclaimed earlier losses Friday, latching onto a healthy bid off 1.1255 to 1.13 against the buck, boosted by US producer prices unexpectedly declining in June.