Global Markets: Asian Stock Markets : Nikkei down 0.18%, Shanghai Composite down 0.08%, Hang Seng down 0.51%, ASX up 0.03% Commodities : Gold at $1756.90 (+0.22%), Silver at $17.98 (+0.72%), Brent Oil at $42.38 (+0.45%), WTI Oil at $39.97 (+0.35%) Rates : US 10-year yield at 0.699, UK 10-year yield at 0.217, Germany 10-year yield … Continue reading Monday 22nd June: Asian markets lower as virus concerns take precedence
The British pound put in additional declines against the buck last week, extending south of the 61.8% Fibonacci retracement ratio at 1.2718 and 2019 yearly opening level at 1.2739. It should also be emphasised these levels are positioned beneath a long-term trend line resistance, etched from the high 1.5930.
Global Markets: Asian Stock Markets : Nikkei up 0.55%, Shanghai Composite up 0.96%, Hang Seng up 0.63%, ASX up 0.10% Commodities : Gold at $1740.05 (+0.52%), Silver at $17.71 (+1.13%), Brent Oil at $42.41 (+2.17%), WTI Oil at $39.79 (+2.45%) Rates : US 10-year yield at 0.725, UK 10-year yield at 0.243, Germany 10-year yield … Continue reading Friday 19th June: Asian markets make modest gains on the backs of cautious investors
Driven by USD strength Thursday, with the US dollar index recently shaking hands with 97.50, EUR/USD tackled H4 support at 1.1221 and the round number 1.12. This exposed a 38.2% Fibonacci retracement ratio at 1.1173 and a potential 127.2% AB=CD correction (black arrows) at 1.1150.
Global Markets: Asian Stock Markets : Nikkei down 0.45%, Shanghai Composite up 0.12%, Hang Seng down 0.35%, ASX down 0.92% Commodities : Gold at $1733.90 (-0.10%), Silver at $17.73 (-0.24%), Brent Oil at $40.66 (-0.12%), WTI Oil at $37.76 (-0.53%) Rates : US 10-year yield at 0.715, UK 10-year yield at 0.175, Germany 10-year yield … Continue reading Thursday 18th June: Asian markets fall as second wave fears continue to gather momentum.
