UK PM May hit the wires, defending the need for ‘legally binding changes’ to the Irish backstop. In addition to this, May’s spokesman confirmed the PM is to meet with EU’s Tusk and Juncker on Thursday.
Global Markets: Asian Stock Markets : Nikkei down 0.20%, ASX up 1.95% Commodities : Gold at $1318.55 (-0.06%), Silver at $15.91 (+0.16%), Brent Oil at $62.77 (+0.42%), WTI Oil at $54.84 (+0.51%) Rates : US 10-year yield at 2.718, UK 10-year yield at 1.277, Germany 10-year yield at 0.174 News & Data: (AUD) Cash Rate … Continue reading Tuesday 5th February: Asian markets trade mixed on thin volumes
Despite observing a brief flicker of activity around January’s opening level on the H4 timeframe at 1.1445, the single currency yielded ground to its US counterpart Monday.
Global Markets: Asian Stock Markets : Nikkei up 0.44%, Hang Seng down 0.02%, ASX up 0.48% Commodities : Gold at $1316.65 (-0.41%), Silver at $15.82 (-0.68%), Brent Oil at $62.84 (+0.14%), WTI Oil at $55.25 (-0.02%) Rates : US 10-year yield at 2.697, UK 10-year yield at 1.246, Germany 10-year yield at 0.169 News & … Continue reading Monday 4th February: Asian markets trade higher ahead of Lunar New Year holidays
Traders, as pointed out in our previous weekly briefing, are urged not to overlook the current resistance level, as it boasts strong historical significance dating as far back as early February 2015