Global Markets: Asian Stock Markets : Nikkei down 0.14%, Shanghai Composite down 0.71%, Hang Seng down 0.39%, ASX up 0.21% Commodities : Gold at $1577.95 (+0.40%), Silver at $17.62 (+0.69%), Brent Oil at $55.62 (-0.30%), WTI Oil at $51.16 (-0.02%) Rates : US 10-year yield at 1.590, UK 10-year yield at 0.614, Germany 10-year yield … Continue reading Asian markets lower as Hubei reports 14000 new Coronavirus infections
Key risk events: EU Economic Forecasts; US CPI m/m and Core CPI m/m. (Previous analysis as well as outside sources – italics). EUR/USD: Wednesday had the US dollar index pare Tuesday’s losses, resuming its upward trajectory through 99.00. For the record, Federal Reserve Chairman Jerome Powell aired little regarding the US economy. Developments on the … Continue reading Thursday 13th February: Technical Outlook and Review.
Global Markets: Asian Stock Markets : Nikkei up 0.74%, Shanghai Composite up 0.87%, Hang Seng up 1.01%, ASX up 0.47% Commodities : Gold at $1567.35 (-0.18%), Silver at $17.53 (-0.40%), Brent Oil at $55.14 (+2.09%), WTI Oil at $50.70 (+1.52%) Rates : US 10-year yield at 1.625, UK 10-year yield at 0.568, Germany 10-year yield … Continue reading Wednesday 12th February: Asian markets higher even as Coronavirus death toll hits 1100
Global Markets: Asian Stock Markets : Shanghai Composite up 0.39%, Hang Seng up 1.34%, ASX up 0.61% Commodities : Gold at $1570.15 (-0.59%), Silver at $17.77 (-0.10%), Brent Oil at $53.92 (+1.22%), WTI Oil at $50.11 (+1.09%) Rates : US 10-year yield at 1.549, UK 10-year yield at 0.553, Germany 10-year yield at -0.398 News … Continue reading Tuesday 11th February: Asian markets higher on Wall Street cues
The euro fell victim to sustained USD strength Monday, with the US dollar index reaching highs of 98.88, poised to approach the 99.00 handle.
The weekly timeframe has price action nearing support, shaped in the form of a 2016 yearly opening level at 1.0873.
