Global Markets: Asian Stock Markets : Nikkei down 0.01%, Shanghai Composite up 0.61%, Hang Seng down 0.52%, ASX down 0.05% Commodities : Gold at $1322.85 (-0.18%), Silver at $15.97 (-0.65%), Brent Oil at $60.95 (+0.18%), WTI Oil at $53.84 (+0.09%) Rates : US 10-year yield at 2.631, UK 10-year yield at 1.221, Germany 10-year yield … Continue reading Friday 1st February: Asian markets open higher but give up gains later in the day
ECB’s Weidmann comments regarding poor German growth figures and several years until ECB’s normalization, the H4 candles clocked session lows of 1.1435.
Global Markets: Asian Stock Markets : Nikkei up 1.11%, Shanghai Composite down 0.07%, Hang Seng up 0.88%, ASX down 0.37% Commodities : Gold at $1318.70 (+0.67%), Silver at $16.01 (+0.53%), Brent Oil at $62.08 (+0.88%), WTI Oil at $54.59 (+0.66%) Rates : US 10-year yield at 2.683, UK 10-year yield at 1.258, Germany 10-year yield … Continue reading Thursday 31st January: Asian markets gain as Fed signals slowdown in rate hikes
On the much awaited FOMC rate decision holding pat in recent hours, dovish tweaks in the latest FOMC statement and Fed’s Powell stance shifting more dovish, the greenback fell sharply, printing fresh lows at 95.25.
The British pound, amid US trading hours, yielded ground to the US dollar, as the pair shrivelled over plan B Brexit concerns.