Global Markets: Asian Stock Markets : Nikkei down 0.03%, Shanghai Composite down 0.97%, Hang Seng down 0.21%, ASX up 0.41% Commodities : Gold at $1337.05 (+0.26%), Silver at $14.83 (+0.28%), Brent Oil at $60.73 (+0.16%), WTI Oil at $51.70 (+0.04%) Rates : US 10-year yield at 2.109, UK 10-year yield at 0.867, Germany 10-year yield … Continue reading Thursday 6th June: Asian markets fall despite positive cues from Wall Street
EUR/USD: Wednesday witnessed additional USD selling materialise ahead of US trading, as Fed’s Brainard joined the dovish band and US ADP employment numbers reported less-than-stellar figures. Despite this, dollar bulls recovered amid hotter-than-expected ISM non-manufacturing data, lifting the index back above its 97.00 mark into the close. Note this action also formed a bullish engulfing … Continue reading Thursday 6th June: Greenback derives fresh impetus amid upbeat non-manufacturing data.
Global Markets: Asian Stock Markets : Nikkei up 1.76%, Shanghai Composite up 0.23%, Hang Seng up 0.29%, ASX up 0.41% Commodities : Gold at $1334.55 (+0.44%), Silver at $14.81 (+0.29%), Brent Oil at $61.59 (-0.61%), WTI Oil at $53.01 (-0.88%) Rates : US 10-year yield at 2.099, UK 10-year yield at 0.898, Germany 10-year yield … Continue reading Wednesday 5th June: Asian markets rise on Powell’s comments
EUR/USD: In recent sessions, market participants witnessed the EUR/USD’s advance run into headwinds as Eurozone inflation cooled according to latest CPI data, boosting speculation the European Central Bank may deliver a dovish statement and press conference Thursday. The US dollar index, or DXY, entered a somewhat choppy state Tuesday after a slate of Fed speak, … Continue reading Wednesday 5th June: Dollar prints third consecutive daily loss; eyes 97.00.
Global Markets: Asian Stock Markets : Nikkei down 0.11%, Shanghai Composite down 1.00%, Hang Seng down 0.78%, ASX up 0.19% Commodities : Gold at $1331.35 (+0.26%), Silver at $14.76 (+0.12%), Brent Oil at $60.84 (-0.72%), WTI Oil at $52.95 (-0.56%) Rates : US 10-year yield at 2.088, UK 10-year yield at 0.860, Germany 10-year yield … Continue reading Tuesday 4th June: Asian markets continue to fall on weak data
