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.
The US dollar continued to flourish against its major G10 peers Friday, crossing last Friday’s pre-NFP high of 97.58 (US dollar index). The greenback caught tailwinds from stronger-than-expected housing starts data, though largely ignored disappointing industrial production, mixed UoM (consumer sentiment) and US Treasury yields fading daily highs of 1.851%.
Global Markets: Asian Stock Markets : Nikkei up 0.47%, Shanghai Composite up 0.08%, Hang Seng down 0.07%, ASX up 0.32% Commodities : Gold at $1554.55 (+0.26%), Silver at $18.02 (+0.43%), Brent Oil at $64.58 (-0.06%), WTI Oil at $58.48 (-0.07%) Rates : US 10-year yield at 1.829, UK 10-year yield at 0.635, Germany 10-year yield … Continue reading Friday 17th January: Upbeat economic data drive Asian markets higher
