Global Markets: Asian Stock Markets : Nikkei down 2.33%, Shanghai Composite down 0.49% Commodities : Gold at $1741.45 (-0.65%), Silver at $15.66 (-2.45%), Brent Oil at $31.56 (+0.25%), WTI Oil at $23.11 (+1.54%) Rates : US 10-year yield at 0.735, UK 10-year yield at 0.306, Germany 10-year yield at -0.350 News & Data: (USD) Core … Continue reading Monday 13th April: Asian markets lower on thin volumes, absence of cues
EUR/USD conquered the 2016 yearly opening level at 1.0873 in recent trading. Skies beyond here are reasonably blue; a run to the 2020 yearly opening level at 1.1222, shadowed by a Quasimodo resistance at 1.1239, is certainly a possibility in the week ahead.
Key risk events today: China CPI y/y and PPI y/y; US CPI m/m and Core CPI m/m. (Previous analysis as well as outside sources – italics). EUR/USD: EUR/USD accelerated to the upside Thursday, guided by the US dollar index abandoning its 100.00 handle on the back of another record rise in the number of US … Continue reading Friday 10th April: Technical Outlook and Review
Global Markets: Asian Stock Markets : Nikkei down 0.04%, Shanghai Composite up 0.37%, Hang Seng up 1.21%, ASX up 3.46% Commodities : Gold at $1695.45 (+0.66%), Silver at $15.37 (+1.10%), Brent Oil at $33.83 (+3.01%), WTI Oil at $26.44 (+5.38%) Rates : US 10-year yield at 0.759, UK 10-year yield at 0.363, Germany 10-year yield … Continue reading Thursday 9th April: Asian markets gain on hopes of virus peaking.
Key risk events today: UK GDP m/m; OPEC Meetings; ECB Monetary Policy Meeting Accounts; Canada Employment Change and Unemployment Rate; US Unemployment Claims; US Core PPI m/m and PPI m/m; Fed Chair Powell Speaks; US Prelim UoM Consumer Sentiment. (Previous analysis as well as outside sources – italics). EUR/USD: After failing to preserve an upside … Continue reading Thursday 9th April: DXY Modestly Higher Ahead of US Unemployment Data
