GBP/USD bulls tightened their grip in recent sessions, strengthened on the back of Thursday’s UK General Election, culminating in a clear win for the Conservative Party.
15
Dec
2019
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13
Dec
2019
Friday 13th December: Green Green Green!!
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Global Markets: Asian Stock Markets : Nikkei up 2.55%, Shanghai Composite up 1.78%, Hang Seng up 2.42%, ASX up 0.46% Commodities : Gold at $1470.35 (-0.13%), Silver at $16.93 (-0.13%), Brent Oil at $64.69 (+0.76%), WTI Oil at $59.53 (+0.59%) Rates : US 10-year yield at 1.910, UK 10-year yield at 0.821, Germany 10-year yield … Continue reading Friday 13th December: Green Green Green!!
13
Dec
2019
Friday 13th December: Technical Outlook and Review.
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Sterling initially dipped south of 1.31, testing the waters around 1.3050 amid dollar strength. However, a reversal was seen at the tail end of yesterday’s session as UK journalist reports aired positive vibes in favour of the Conservatives.
12
Dec
2019
Thursday 12th December : Asian shares mostly higher after FOMC
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Global Markets: Asian Stock Markets : Nikkei up 0.14%, Shanghai Composite down 0.30%, Hang Seng up 1.49%, ASX down 0.65% Commodities : Gold at $1477.75 (+0.19%), Silver at $16.90 (+0.29%), Brent Oil at $64.00 (+0.44%), WTI Oil at $58.88 (+0.20%) Rates : US 10-year yield at 1.802, UK 10-year yield at 0.778, Germany 10-year yield … Continue reading Thursday 12th December : Asian shares mostly higher after FOMC
12
Dec
2019
Potentially Hazardous Market Conditions Ahead of UK Elections
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Dear Trader,
The polls have closed and election night is upon us. There are 650 seats in the House of Commons up for grabs, meaning the winning party needs 326 to claim a majority.