Thursday 6th August: Asian markets lower as investors wait for stimulus packages

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Global Markets: Asian Stock Markets : Nikkei down 0.43%, Shanghai Composite up 0.26%, Hang Seng down 0.63%, ASX up 0.68% Commodities : Gold at $2050.05 (+0.64%), Silver at $27.72 (+3.07%), Brent Oil at $45.34 (+0.38%), WTI Oil at $42.23 (+0.09%) Rates : US 10-year yield at 0.543, UK 10-year yield at 0.132, Germany 10-year yield … Continue reading Thursday 6th August: Asian markets lower as investors wait for stimulus packages

Thursday 6th August: Technical Outlook and Review

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Europe’s shared currency extended recovery gains against the US dollar Wednesday, making considerable headway north of 1.18 on the H4 timeframe and shaking hands with 1.19.

Wednesday 5th August: Asian markets mixed as geopolitical tensions come back on horizon.

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Global Markets: Asian Stock Markets : Nikkei down 0.26%, Shanghai Composite up 0.17%, Hang Seng up 0.51%, ASX down 0.60% Commodities : Gold at $2033.60 (+1.25%), Silver at $26.48 (+1.73%), Brent Oil at $44.74 (+0.70%), WTI Oil at $41.98 (+0.67%) Rates : US 10-year yield at 0.520, UK 10-year yield at 0.075, Germany 10-year yield … Continue reading Wednesday 5th August: Asian markets mixed as geopolitical tensions come back on horizon.

Wednesday 5th August: Technical Outlook and Review

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EUR/USD, on the H4 timeframe, touched gloves with the underside of 1.18 which, as you can see, held firm as resistance. North of here, voyaging to 1.19 is a possibility, whereas swinging lower from current price could push 1.17 back into the frame and trend line support, taken from the low 1.1254.

Tuesday 4th August: Asian markets higher on the backs on Wall Street’s tech rally

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Global Markets: Asian Stock Markets : Nikkei up 1.70%, Shanghai Composite up 0.11%, Hang Seng up 2.43%, ASX up 1.88% Commodities : Gold at $1980.70 (+0.30%), Silver at $24.48 (+0.26%), Brent Oil at $44.01 (-0.32%), WTI Oil at $40.87 (-0.34%) Rates : US 10-year yield at 0.554, UK 10-year yield at 0.104, Germany 10-year yield … Continue reading Tuesday 4th August: Asian markets higher on the backs on Wall Street’s tech rally