Key risk events today: US ISM Manufacturing PMI. (Previous analysis as well as outside sources – italics). EUR/USD: Despite a knee-jerk reaction to lows at 1.0833, after the ECB fell on the dovish side of the fence, EUR/USD swiftly reclaimed 1.09+ status, tackling H4 Quasimodo resistance at 1.0967 into the closing stages of Thursday’s session. … Continue reading Friday 1st May: Technical Outlook and Review
Global Markets: Asian Stock Markets : Nikkei up 2.14%, Shanghai Composite up 1.33%, ASX up 2.39% Commodities : Gold at $1732.35 (+1.11%), Silver at $15.76 (+3.96%), Brent Oil at $25.95 (+7.10%), WTI Oil at $17.02 (+13.01%) Rates : US 10-year yield at 0.609, UK 10-year yield at 0.274, Germany 10-year yield at -0.512 News & … Continue reading Thursday 30th April: Asian markets gain on success of Gilead’s trial.
Key risk events today: China Manufacturing PMI and Non-Manufacturing PMI; New Zealand ANZ Business Confidence; French Flash GDP q/q; German Retail Sales m/m; Spanish Flash GDP q/q; EUR Prelim Flash GDP q/q; ECB Main Refinancing Rate, Monetary Policy Statement and Press Conference; Canada GDP m/m; US Unemployment Claims; US Personal Spending m/m; Chicago PMI. (Previous … Continue reading Thursday 30th April: Technical Outlook and Review
Global Markets: Asian Stock Markets : Shanghai Composite up 0.44%, Hang Seng up 0.14%, ASX up 1.51% Commodities : Gold at $1716.45 (-0.33%), Silver at $15.35 (+1.15%), Brent Oil at $23.26 (+2.29%), WTI Oil at $14.07 (+14.02%) Rates : US 10-year yield at 0.597, UK 10-year yield at 0.277, Germany 10-year yield at -0.482 News … Continue reading Wednesday 29th April: Asian markets gain, oil rallies.
Key risk events today: Australia Inflation q/q; US Advance GDP q/q and Advance GDP Price Index q/q; US Pending Home Sales m/m; FOMC Statement, Federal Funds Rate and Press Conference. (Previous analysis as well as outside sources – italics). EUR/USD: Transitioning into London hours Tuesday, we saw Europe’s single currency advance vs. the US dollar, … Continue reading Wednesday 29th April: Dollar Explores Lower Ground Ahead of FOMC
