Friday 16th August: Asian stocks mixed as China announces plans to help economy.

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Global Markets: Asian Stock Markets : Nikkei up 0.14%, Shanghai Composite up 0.62%, Hang Seng up 0.83%, ASX down 0.04% Commodities: Gold at $1528.60 (-0.17%), Silver at $17.19 (-0.15%), Brent Oil at $58.94 (+1.22%), WTI Oil at $55.23 (+1.40%) Rates : US 10-year yield at 1.549, UK 10-year yield at 0.408, Germany 10-year yield at … Continue reading Friday 16th August: Asian stocks mixed as China announces plans to help economy.

Thursday 15th August: Asian markets tumble on growing recession fears

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Global Markets: Asian Stock Markets : Nikkei down 1.29%, Shanghai Composite up 0.16%, Hang Seng up 0.23%, ASX down 2.85% Commodities: Gold at $1527.55 (-0.02%), Silver at $17.23 (-0.31%), Brent Oil at $59.30 (-0.30%), WTI Oil at $55.22 (-0.02%) Rates : US 10-year yield at 1.559, UK 10-year yield at 0.444, Germany 10-year yield at … Continue reading Thursday 15th August: Asian markets tumble on growing recession fears

Thursday 15th August: Trade optimism fades amidst concerns over global growth.

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Key risk events today: Australia Employment Change and Unemployment Rate; French and Italian banks are closed in observance of Assumption Day; UK Retail Sales m/m; Philly Fed Manufacturing Index; US Retail Sales m/m; US Core Retail Sales m/m. EUR/USD: Optimism over US/China trade and tariff suspension reverted to pessimism Wednesday, amidst weak data out of … Continue reading Thursday 15th August: Trade optimism fades amidst concerns over global growth.

Wednesday 14th August: Asian stocks join global equity surge on account of tariff relief

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Global Markets: Asian Stock Markets : Nikkei up 0.82%, Shanghai Composite up 0.56%, Hang Seng up 0.32%, ASX up 0.42% Commodities: Gold at $1511.75 (-0.16%), Silver at $16.95 (-0.22%), Brent Oil at $60.84 (-0.75%), WTI Oil at $56.50 (-1.05%) Rates : US 10-year yield at 1.674, UK 10-year yield at 0.491, Germany 10-year yield at … Continue reading Wednesday 14th August: Asian stocks join global equity surge on account of tariff relief

Wednesday 14th August: Safe-haven currencies retreat on renewed trade optimism.

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Key risk events today: German Prelim GDP q/q; French Final CPI m/m; RBA Assist Gov Debelle Speaks; UK CPI y/y; UK PPI Input m/m. EUR/USD: In recent sessions, the US dollar strengthened in the wake of firm CPI data and positive developments on the US/China trade front. US Trade Representative Lighthizer announced that additional tariffs … Continue reading Wednesday 14th August: Safe-haven currencies retreat on renewed trade optimism.