Key risk events today: China GDP y/y; China Fixed Asset Investment ytd/y; China Industrial Production y/y. (Previous analysis as well as outside sources – italics). EUR/USD: Painful US data by way of unemployment claims (albeit outdid consensus) and another worrying regional Fed survey did little to hamper dollar gains Thursday. The US dollar index powered … Continue reading Friday 17th April: Technical Outlook and Review.
Global Markets: Asian Stock Markets : Nikkei down 1.33%, Shanghai Composite up 0.31%, Hang Seng down 0.46%, ASX down 0.92% Commodities : Gold at $1756.70 (+0.95%), Silver at $15.82 (+2.03%), Brent Oil at $27.54 (-0.54%), WTI Oil at $19.94 (+0.35%) Rates : US 10-year yield at 0.649, UK 10-year yield at 0.304, Germany 10-year yield … Continue reading Thursday 16th April: Asian markets mixed as investors’ confidence falters
Key risk events today: Australia Job’s Data; BoE Credit Conditions Survey; Canada Manufacturing Sales m/m; US Unemployment Claims; US Building Permits; Philly Fed Manufacturing Index. (Previous analysis as well as outside sources – italics). EUR/USD: Wednesday had the US dollar index recover in strong fashion, albeit off best levels south of 100.00. As of writing, … Continue reading Thursday 16th April: All Eyes on US Unemployment Claims
Global Markets: Asian Stock Markets : Nikkei down 0.45%, Shanghai Composite down 0.57%, Hang Seng down 1.54%, ASX down 0.39% Commodities : Gold at $1735.10 (-1.91%), Silver at $15.62 (-3.16%), Brent Oil at $28.95 (-2.20%), WTI Oil at $20.00 (-0.55%) Rates : US 10-year yield at 0.696, UK 10-year yield at 0.314, Germany 10-year yield … Continue reading Wednesday 15th April: Asian markets mixed on fears of global recession.
Key risk events today: US Core Retail Sales m/m and Retail Sales m/m; BoC Monetary Policy Report, Rate Statement, Overnight Rate and Press Conference. (Previous analysis as well as outside sources – italics). EUR/USD: After knocking on 1.09’s door Monday by way of a H4 hammer candlestick pattern, EUR/USD bulls entered an offensive phase Tuesday, … Continue reading Wednesday 15th April: Technical Outlook and Review.
