Global Markets: Asian Stock Markets : Nikkei up 0.62%, Shanghai Composite down 0.07%, Hang Seng down 0.18%, ASX up 1.43% Commodities : Gold at $1745.65 (+0.27%), Silver at $16.54 (+2.36%), Brent Oil at $32.42 (+4.14%), WTI Oil at $28.65 (+3.96%) Rates : US 10-year yield at 0.620, UK 10-year yield at 0.205, Germany 10-year yield … Continue reading Friday 15th May: Asian markets muted but lower as China data disappoints
Key risk events today: China Fixed Asset Investment ytd/y and Industrial Production y/y; German Prelim GDP q/q; US Core Retail Sales m/m and Retail Sales m/m; US Prelim UoM Consumer Sentiment. (Previous analysis as well as outside sources – italics). EUR/USD: Thursday’s fleeting recovery attempt north of 1.08 fell flat as broad-based USD upside capped … Continue reading Friday 15th May: Technical Outlook and Review
Global Markets: Asian Stock Markets : Nikkei down 1.74%, Shanghai Composite down 0.96%, Hang Seng down 1.54%, ASX down 1.72% Commodities : Gold at $1721.70 (+0.31%), Silver at $15.77 (+0.62%), Brent Oil at $29.71 (+1.78%), WTI Oil at $25.84 (+2.17%) Rates : US 10-year yield at 0.617, UK 10-year yield at 0.199, Germany 10-year yield … Continue reading Thursday 14th May: Asian markets fall as Powell warns of prolonged recession
Key risk events today: Australia Job’s Data; New Zealand Annual Budget Release; BoE Gov Bailey Speaks; US Unemployment Claims; BoC Gov Poloz Speaks. (Previous analysis as well as outside sources – italics). EUR/USD: The dollar index rose Wednesday, establishing a floor ahead of 99.50 and reclaiming 100.00+ status by the close. This guided EUR/USD southbound, … Continue reading Thursday 14th May: Technical Outlook and Review
Global Markets: Asian Stock Markets : Nikkei down 0.49%, Shanghai Composite up 0.22%, Hang Seng down 0.32%, ASX up 0.35% Commodities : Gold at $1705.15 (-0.10%), Silver at $15.64 (-0.46%), Brent Oil at $29.18 (-2.67%), WTI Oil at $25.38 (-1.55%) Rates : US 10-year yield at 0.661, UK 10-year yield at 0.219, Germany 10-year yield … Continue reading Wednesday 13th May: Asian markets fall as virus worries gain traction
