Global Markets: Asian Stock Markets : Nikkei up 0.04%, Shanghai Composite up 0.67%, Hang Seng down 0.19%, ASX up 0.13% Commodities : Gold at $1493.85 (+0.35%), Silver at $17.63 (+0.77%), Brent Oil at $66.52 (+0.20%), WTI Oil at $60.59 (+0.12%) Rates : US 10-year yield at 1.921, UK 10-year yield at 0.776, Germany 10-year yield … Continue reading Tuesday 24th December: Thin volumes ahead of Christmas holidays
The Australian dollar outpaced its G10 rivals Monday, jostling for top spot having made a firm breach of the 0.69 handle. H4 price, however, is now seen testing tops around the 0.6938-0.6929 region, which could prove problematic for buyers as we head into the festive period.
Global Markets: Asian Stock Markets : Nikkei up 0.02%, Shanghai Composite down 1.40%, Hang Seng up 0.07%, ASX down 0.46% Commodities : Gold at $1488.55 (+0.52%), Silver at $17.39 (+0.98%), Brent Oil at $65.94 (-0.30%), WTI Oil at $60.20 (-0.40%) Rates : US 10-year yield at 1.903, UK 10-year yield at 0.781, Germany 10-year yield … Continue reading Monday 23rd December: Markets continue to trade thin and mixed
Dear Traders,
Please find our updated trading schedule for the Christmas, Boxing Day and New Year’s Day holidays below. All times mentioned in GMT +2.
Liquidity over the holidays is expected to be particularly thin so please take the necessary precautions to ensure you are not affected by increased volatility, spreads and intermittent pricing.
Sterling decisively reclaimed GE-related gains last week as sellers strengthened their grip and snapped a three-week winning streak. After topping at the 2018 yearly opening level drawn from 1.3503 the week prior, price crossed back through long-standing trend line resistance, pencilled in from the high 1.5930.
