Monday 14th January: Asian markets in the red as China disappoints

IC Markets No Comments

Global Markets: Asian Stock Markets : Nikkei up 0.97%, Shanghai Composite down 0.73%, Hang Seng down 1.51%, ASX down 0.02% Commodities : Gold at $1291.05 (+0.12%), Silver at $15.60 (-0.34%), Brent Oil at $59.69 (-1.31%), WTI Oil at $50.89 (-1.36%) Rates : US 10-year yield at 2.699, UK 10-year yield at 1.287, Germany 10-year yield … Continue reading Monday 14th January: Asian markets in the red as China disappoints

Monday 14th January: Weekly technical outlook and review.

IC Markets No Comments

Recording its third consecutive week in the green, US equities firmly overthrew resistance at 23578 last week (now acting support), exposing resistance in the form of the 2018 yearly opening level at 24660.