Monday 10th June: Asian markets gain on better than expected Chinese trade numbers

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Global Markets: Asian Stock Markets : Nikkei up 1.22%, Shanghai Composite up 0.77%, Hang Seng up 2.04% Commodities : Gold at $1331.75 (-1.07%), Silver at $14.78 (-1.69%), Brent Oil at $63.63 (+0.54%), WTI Oil at $54.31 (+0.59%) Rates : US 10-year yield at 2.126, UK 10-year yield at 0.813, Germany 10-year yield at -0.245 News … Continue reading Monday 10th June: Asian markets gain on better than expected Chinese trade numbers

Monday 10th June: Weekly technical outlook and review.

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Total nonfarm payroll employment edged up in May (+75,000); the unemployment rate remained at 3.6% and average hourly earnings also ticked lower by 0.2% vs. expected 0.3%, the US Bureau of Labour Statistics reported Friday.

Friday 7th June: Asian markets rise as White House appears on back foot w.r.t. tariffs

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Global Markets: Asian Stock Markets : Nikkei up 0.60%, ASX up 0.79% Commodities : Gold at $1336.55 (-0.46%), Silver at $14.87 (-0.25%), Brent Oil at $62.54 (+1.41%), WTI Oil at $53.30 (+1.35%) Rates : US 10-year yield at 2.124, UK 10-year yield at 0.826, Germany 10-year yield at -0.231 News & Data: (CAD) Trade Balance … Continue reading Friday 7th June: Asian markets rise as White House appears on back foot w.r.t. tariffs

Thursday 6th June: Asian markets fall despite positive cues from Wall Street

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Global Markets: Asian Stock Markets : Nikkei down 0.03%, Shanghai Composite down 0.97%, Hang Seng down 0.21%, ASX up 0.41% Commodities : Gold at $1337.05 (+0.26%), Silver at $14.83 (+0.28%), Brent Oil at $60.73 (+0.16%), WTI Oil at $51.70 (+0.04%) Rates : US 10-year yield at 2.109, UK 10-year yield at 0.867, Germany 10-year yield … Continue reading Thursday 6th June: Asian markets fall despite positive cues from Wall Street

Thursday 6th June: Greenback derives fresh impetus amid upbeat non-manufacturing data.

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EUR/USD: Wednesday witnessed additional USD selling materialise ahead of US trading, as Fed’s Brainard joined the dovish band and US ADP employment numbers reported less-than-stellar figures. Despite this, dollar bulls recovered amid hotter-than-expected ISM non-manufacturing data, lifting the index back above its 97.00 mark into the close. Note this action also formed a bullish engulfing … Continue reading Thursday 6th June: Greenback derives fresh impetus amid upbeat non-manufacturing data.