Global Markets: Asian stock markets: Nikkei rose 1.54 %, Shanghai Composite lost 0.83 %, Hang Seng climbed 0.14 %, ASX 200 gained 0.54 % Commodities: Gold at $1258.70, Silver at $15.88, WTI Oil at $55.92, Brent Oil at $61.25 Rates: US 10-year yield at 2.34, UK 10-year yield at 1.23, German 10-year yield at 0.30 … Continue reading Thursday 7th December: European Open Briefing
EUR/USD: Early Asia chalked up a top just ahead of the H4 mid-level resistance at 1.1850 on Wednesday, which followed through with a dominant selloff, likely boosted by upbeat US ADP figures (suggesting a potentially solid NFP number on Friday). H4 price, as you can see, clocked a low of 1.1780 amid the US … Continue reading Thursday 7th December: Technical outlook and review
Global Markets: Asian stock markets: Nikkei down 1.93 %, Shanghai Composite lost 0.71 %, Hang Seng fell 1.48 %, ASX 200 dropped 0.44 % Commodities: Gold at $1269.80, Silver at $16.13, WTI Oil at $57.4, Brent Oil at $62.67 Rates: US 10-year yield at 2.35, UK 10-year yield at 1.26, German 10-year yield at 0.31 … Continue reading Wednesday 6th December: European Open Briefing
EUR/USD: Early Asia, as you can see, swiftly lost steam around 1.1876 after a modest advance from the 1.1850 region. London lunchtime saw the H4 candles breach the H4 mid-level support at 1.1850, consequently attracting fresh sellers into the market. The pair attempted to recover following the release of lower-than-expected US ISM non-manufacturing PMI … Continue reading Wednesday 6th December: Technical outlook and review
