Thursday 9th April: Asian markets gain on hopes of virus peaking.

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Global Markets: Asian Stock Markets : Nikkei down 0.04%, Shanghai Composite up 0.37%, Hang Seng up 1.21%, ASX up 3.46% Commodities : Gold at $1695.45 (+0.66%), Silver at $15.37 (+1.10%), Brent Oil at $33.83 (+3.01%), WTI Oil at $26.44 (+5.38%) Rates : US 10-year yield at 0.759, UK 10-year yield at 0.363, Germany 10-year yield … Continue reading Thursday 9th April: Asian markets gain on hopes of virus peaking.

Thursday 9th April: DXY Modestly Higher Ahead of US Unemployment Data

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Key risk events today: UK GDP m/m; OPEC Meetings; ECB Monetary Policy Meeting Accounts; Canada Employment Change and Unemployment Rate; US Unemployment Claims; US Core PPI m/m and PPI m/m; Fed Chair Powell Speaks; US Prelim UoM Consumer Sentiment. (Previous analysis as well as outside sources – italics). EUR/USD: After failing to preserve an upside … Continue reading Thursday 9th April: DXY Modestly Higher Ahead of US Unemployment Data

Easter Holidays Trading Schedule 2020

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Dear Trader,

Please find our Updated trading schedule and general information for the Easter Holidays starting Friday, 10th April 2020 below. All times mentioned below are Platform time (GMT +3).

Wednesday 8th April: Technical Outlook and Review

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Key risk events today: FOMC Meeting Minutes. (Previous analysis as well as outside sources – italics). EUR/USD: EUR/USD bulls outperformed Tuesday, reclaiming 1.08 status in early trade and shaking hands with 1.09 into US hours. The US dollar index, or DXY, snapped a four-day bullish phase (EUR/USD snapped a six-day bearish run), drawing the US … Continue reading Wednesday 8th April: Technical Outlook and Review