Global Markets: Asian Stock Markets : Nikkei up 0.70%, Shanghai Composite up 0.39%, Hang Seng up 1.07%, ASX up 0.94% Commodities : Gold at $1551.45 (-0.41%), Silver at $17.74 (-0.37%), Brent Oil at $64.36 (-0.36%), WTI Oil at $58.10 (-0.48%) Rates : US 10-year yield at 1.792, UK 10-year yield at 0.631, Germany 10-year yield … Continue reading Wednesday 22nd January: Asian markets brush aside economic concerns to trade higher
Europe’s single currency concluded the day a shade lower against the US dollar, despite EUR/USD gleaning some traction via an encouraging German/Eurozone ZEW survey earlier in the session.
Key risk events today: BoJ Outlook Report and Monetary Policy Statement; BoJ Policy Rate and Press Conference; UK Average Earnings Index 3m/y; UK Claimant Count Change; UK Unemployment Rate; German ZEW Economic Sentiment; Canada Manufacturing Sales m/m. (Italics represents previous analysis and outside sources) EUR/USD: Markets observed soft trade Monday as US banks closed in … Continue reading Tuesday 21st January: Technical Outlook and Review.
Global Markets: Asian Stock Markets : Nikkei up 0.18%, Shanghai Composite up 0.66%, Hang Seng down 0.63%, ASX up 0.22% Commodities : Gold at $1560.95 (+0.04%), Silver at $18.09 (+0.08%), Brent Oil at $65.55 (+1.08%), WTI Oil at $59.12 (+0.92%) Rates : US 10-year yield at 1.825, UK 10-year yield at 0.633, Germany 10-year yield … Continue reading Monday 20th January: Asian markets in a holding pattern
Please note that with the upcoming Chinese Lunar Year Celebrations, IC Markets’ Trading Schedule will see temporary changes.
