Thursday 14th November: Asian markets mixed as Chinese Industrial Production misses estimates

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Global Markets: Asian Stock Markets : Nikkei down 0.76%, Shanghai Composite up 0.16%, Hang Seng down 1.41%, ASX up 0.55% Commodities : Gold at $1467.75 (+0.30%), Silver at $16.97 (+0.35%), Brent Oil at $62.67 (+0.48%), WTI Oil at $57.44 (+0.56%) Rates : US 10-year yield at 1.855, UK 10-year yield at 0.762, Germany 10-year yield … Continue reading Thursday 14th November: Asian markets mixed as Chinese Industrial Production misses estimates

Wednesday 13th November: Asian markets fall as tensions from Hong Kong’s turmoil spills over

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Global Markets: Asian Stock Markets : Nikkei down 0.85%, Shanghai Composite down 0.41%, Hang Seng down 2.09%, ASX down 0.81% Commodities : Gold at $1463.15 (+0.65%), Silver at $16.92 (+1.35%), Brent Oil at $61.77 (-0.47%), WTI Oil at $56.56 (-0.42%) Rates : US 10-year yield at 1.921, UK 10-year yield at 0.813, Germany 10-year yield … Continue reading Wednesday 13th November: Asian markets fall as tensions from Hong Kong’s turmoil spills over

Wednesday 13th November: Technical analysis and review.

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Despite kicking off the week strongly, GBP/USD movement entered a reasonably narrow consolidation Tuesday, between 1.2873/1.2815. On the data front, unemployment in the UK ticked lower by 3.8% vs. 3.9%, while average earnings reported a 3.6% decline vs. 3.7%, revised from 3.8%.