Global Markets: Asian Stock Markets : Nikkei up 2.56%, Shanghai Composite up 0.83%, Hang Seng up 0.94%, ASX up 0.50% Commodities : Gold at $1730.50 (+0.27%), Silver at $15.79 (+1.26%), Brent Oil at $30.27 (+2.75%), WTI Oil at $24.70 (+4.88%) Rates : US 10-year yield at 0.635, UK 10-year yield at 0.233, Germany 10-year yield … Continue reading Friday 8th May: Asian markets gain as investors look forward to unemployment report.
Key risk events today: RBA Monetary Policy Statement; ECB President Lagarde Speaks; Canada Employment Change and Unemployment Rate; US Average Hourly Earnings m/m, Non-Farm Employment Change and Unemployment Rate. (Previous analysis as well as outside sources – italics). EUR/USD: Sell-stops south of 1.08 were tripped in recent trading, with H4 action regaining a strong footing … Continue reading Friday 8th May: NFP Day – Remain Vigilant
Global Markets: Asian Stock Markets : Nikkei up 0.28%, Shanghai Composite down 0.23%, Hang Seng down 0.41%, ASX down 0.38% Commodities : Gold at $1691.30 (+0.17%), Silver at $15.14 (+0.80%), Brent Oil at $29.51 (-0.71%), WTI Oil at $23.99 (0.00%) Rates : US 10-year yield at 0.704, UK 10-year yield at 0.246, Germany 10-year yield … Continue reading Thursday 7th May: Asian markets flat as Chinese exports surprise.
Key risk events today: Australia Trade Balance; China Caixin Services PMI; New Zealand Inflation Expectations q/q; China Trade Balance; BoE Monetary Policy Report, MPC Official Bank Rate Votes, Monetary Policy Summary and Official Bank Rate; US unemployment Claims; ECB President Lagarde Speaks. (Previous analysis as well as outside sources – italics). EUR/USD: Europe’s single currency … Continue reading Thursday 7th May: Pound Slumps Ahead of BoE Rate Decision
Global Markets: Asian Stock Markets : Shanghai Composite up 0.63%, Hang Seng up 1.28%, ASX down 0.42% Commodities : Gold at $1713.65 (+0.18%), Silver at $15.32 (+1.40%), Brent Oil at $30.96 (-0.03%), WTI Oil at $24.35 (-0.86%) Rates : US 10-year yield at 0.674, UK 10-year yield at 0.216, Germany 10-year yield at -0.565 News … Continue reading Wednesday 6th May: Asian markets mostly in the green; Yuan rate eases tensions
