Key risk events today: German Prelim CPI m/m; US ADP Non-Farm Employment Change; US Advance GDP q/q; US Advance GDP Price Index q/q; BoC Monetary Policy Report, Rate Statement, Overnight Rate and Press Conference; Crude Oil Inventories; FOMC Statement, Federal Funds Rate and FOMC Press Conference. EUR/USD: Europe’s shared currency settled a touch higher against … Continue reading Wednesday 30th October: Dollar index lower ahead of Fed meeting.
Global Markets: Asian Stock Markets : Nikkei up 0.36%, Shanghai Composite down 0.40%, Hang Seng down 0.27%, ASX up 0.06% Commodities : Gold at $1494.15 (-0.11%), Silver at $17.82 (-0.33%), Brent Oil at $61.01 (-0.91%), WTI Oil at $55.56 (-0.45%) Rates : US 10-year yield at 1.851, UK 10-year yield at 0.716, Germany 10-year yield … Continue reading Tuesday 29th October: Asian stocks gain as investors move to risk assets
EUR/USD movement picked up a modest bid Monday amid risk-on trade, adding 20 points, or 0.19%. Overall, however, it was an otherwise quiet start to what indeed should be an eventful week ahead.
Brexit-related fears along with a strengthening greenback further weighed on the British pound Friday, positioning the H4 candles a few points north of the 1.28 handle.
Global Markets: Asian Stock Markets : Nikkei up 0.22%, Shanghai Composite up 0.45%, Hang Seng down 0.19%, ASX up 0.68% Commodities : Gold at $1509.15 (+0.30%), Silver at $18.03 (+1.28%), Brent Oil at $61.45 (-0.36%), WTI Oil at $55.99 (-0.43%) Rates : US 10-year yield at 1.757, UK 10-year yield at 0.625, Germany 10-year yield … Continue reading Friday 25th October: Asian stocks retrace early losses, to trade in the green.
