Global Markets: Asian Stock Markets : Nikkei down 1.06%, Shanghai Composite down 1.95%, Hang Seng down 2.09%, ASX down 0.61% Commodities : Gold at $1804.85 (+0.06%), Silver at $19.01 (+0.26%), Brent Oil at $41.77 (-1.37%), WTI Oil at $38.94 (-1.72%) Rates : US 10-year yield at 0.589, UK 10-year yield at 0.142, Germany 10-year yield … Continue reading Friday 10th July: COVID anxiety rules markets
EUR/USD, based on the H4 timeframe, chalked up a two-candle fakeout through Quasimodo resistance at 1.1340, reaching highs at 1.1370, and headed marginally south of 1.13 into the European close.
Global Markets: Asian Stock Markets : Nikkei up 0.40%, Shanghai Composite up 1.39%, Hang Seng up 0.16%, ASX up 0.59% Commodities : Gold at $1820.95 (+0.02%), Silver at $19.24 (+0.42%), Brent Oil at $43.05 (-0.55%), WTI Oil at $40.66 (-0.59%) Rates : US 10-year yield at 0.650, UK 10-year yield at 0.169, Germany 10-year yield … Continue reading Thursday 9th July: Markets gain on upbeat Chinese, Japanese data.
Recording its fourth consecutive daily gain Wednesday, GBP/USD attracted fresh buying as the DXY dipped a toe in waters south of 96.50. May’s opening level at 1.2583 and the 1.26 handle caved under pressure on the H4 timeframe, potentially setting the stage for an approach to Quasimodo resistance at 1.2653 and, with a little enthusiasm, the 1.27 handle.
Global Markets: Asian Stock Markets : Nikkei down 0.78%, Shanghai Composite up 1.74%, Hang Seng up 0.62%, ASX down 1.54% Commodities : Gold at $1811.65 (+0.10%), Silver at $18.74 (+0.23%), Brent Oil at $43.16 (+0.19%), WTI Oil at $40.63 (+0.02%) Rates : US 10-year yield at 0.653, UK 10-year yield at 0.160, Germany 10-year yield … Continue reading Wednesday 8th July: Gloomy outlooks cloud markets
