Dear Trader, WARNING: Potentially hazardous market conditions – Japanese golden week Japan has an extended spring vacation, ‘Golden Week’, from 27th April to 6th May. This will be the longest market closure since the end of World War II, creating potentially hazardous market conditions due to the low liquidity expected across all markets during Asian hours. … Continue reading WARNING: Potentially hazardous market conditions – Japanese golden week
Global Markets: Asian Stock Markets : Nikkei down 0.33%, Shanghai Composite down 0.21%, Hang Seng down 0.55%, ASX up 0.94% Commodities : Gold at $1271.85 (-0.11%), Silver at $14.76 (-0.22%), Brent Oil at $74.23 (-0.38%), WTI Oil at $66.01 (-0.44%) Rates : US 10-year yield at 2.554, UK 10-year yield at 1.225, Germany 10-year yield … Continue reading Wednesday 24th April: Asian markets lower despite positive feedback from Wall Street
Capital flooded into US markets Tuesday as many traders returned from the long holiday weekend. The US dollar index, or ‘DXY’, refreshed 2019 highs at 97.78, though is likely to find fresh opposition nearby at 97.72, a long-standing weekly resistance.
Global Markets: Asian Stock Markets : Nikkei up 0.19%, Shanghai Composite down 0.51%, Hang Seng down 0.16%, ASX up 0.95% Commodities : Gold at $1274.50 (-0.24%), Silver at $14.91 (-0.45%), Brent Oil at $74.47 (+0.58%), WTI Oil at $66.07 (+0.79%) Rates : US 10-year yield at 2.583, UK 10-year yield at 1.213, Germany 10-year yield … Continue reading Tuesday 23rd April: Oil gains as US rolls back exemptions for Iranian oil purchases
The Australian dollar kicked off the week on a negative footing, down 0.20% against the US dollar. Despite Easter Monday’s thin conditions and an absence of tier 1 data, some analysts state the recent slide was the result of a waning US equity market.
