Cable traded firmer Tuesday amid hotter-than-expected UK Markit Construction PMI, and latest election polls displaying a widening lead in favour of Conservatives.
04
Dec
2019
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03
Dec
2019
Tuesday 03rd December: Asian markets lose as Tariff Man returns
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Global Markets: Asian Stock Markets : Nikkei down 0.64%, Shanghai Composite up 0.22%, Hang Seng down 0.37%, ASX down 2.19% Commodities : Gold at $1466.45 (-0.19%), Silver at $16.96 (-0.02%), Brent Oil at $61.12 (+0.33%), WTI Oil at $56.22 (+0.46%) Rates : US 10-year yield at 1.845, UK 10-year yield at 0.742, Germany 10-year yield … Continue reading Tuesday 03rd December: Asian markets lose as Tariff Man returns
03
Dec
2019
Tuesday 3rd December: Dollar Tanks Amid a Fresh Flare-Up in Trade Tensions.
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Europe’s single currency strongly advanced against its US counterpart Monday, adding more than 60 points, or 0.58%. The buck turned lower following US President Trump’s announcement of steel and aluminium tariffs on Brazil and Argentina.
02
Dec
2019
Monday 2nd December: Asian markets gain on supportive data
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Global Markets: Asian Stock Markets : Nikkei up 1.01%, Shanghai Composite up 0.05%, Hang Seng up 0.28%, ASX up 0.24% Commodities : Gold at $1466.25 (-0.44%), Silver at $17.01 (-0.57%), Brent Oil at $61.26 (+1.27%), WTI Oil at $56.06 (+1.61%) Rates : US 10-year yield at 1.810, UK 10-year yield at 0.697, Germany 10-year yield … Continue reading Monday 2nd December: Asian markets gain on supportive data
01
Dec
2019
Monday 2nd December: Weekly technical outlook and review.
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Friday had Europe’s shared currency a shade higher against the buck, recording a session low at 1.0981 and highs of 1.1028. On the data front, annual Eurozone inflation rose 1.0% in November 2019, up from 0.7% in October.