Key risk events today: UK Public Sector Net Borrowing; Canadian Core Retail Sales m/m and Retail Sales m/m; US Prelim UoM Consumer Sentiment; FOMC Members Bullard Rosengren Speak. EUR/USD: Federal Reserve member Williams surprised markets Thursday with an extra dovish rendition, stating its better to take preventative measures on rates than to wait for a … Continue reading Friday 19th July: Greenback exploring ground beneath 97.00 as Federal Reserve member Williams surprised markets.
Category: Recent
Thursday 18th July: Asian Markets Lower as Trade Sentiment Glooms
Global Markets: Asian Stock Markets : Nikkei down 1.97%, Shanghai Composite down 0.76%, Hang Seng down 0.65%, ASX down 0.36% Commodities : Gold at $1423.25 (0.00%), Silver at $16.06 (+0.54%), Brent Oil at $63.73 (+0.11%), WTI Oil at $56.73 (-0.09%) Rates : US 10-year yield at 2.049, UK 10-year yield at 0.753, Germany 10-year yield … Continue reading Thursday 18th July: Asian Markets Lower as Trade Sentiment Glooms
Thursday 18th July: Pound buoyed by 1.24 ahead of retail sales data.
Key risk events today: UK Retail Sales m/m; BoE Credit Conditions Survey; G7 Meetings; Philly Fed Manufacturing Index; FOMC Member Williams Speaks. EUR/USD: The dollar recoiled Wednesday after achieving strong gains on Tuesday following better-than-expected monthly retail sales data. Europe’s single currency, on the other hand, challenged H4 support between 1.12/1.1211 (comprised of the 1.12 … Continue reading Thursday 18th July: Pound buoyed by 1.24 ahead of retail sales data.
Wednesday 17th July: Asian markets subtly lower on renewed trade concerns
Global Markets: Asian Stock Markets : Nikkei down 0.31%, Shanghai Composite down 0.25%, Hang Seng down 0.35%, ASX up 0.49% Commodities : Gold at $1405.70 (-0.39%), Silver at $15.66 (-0.10%), Brent Oil at $64.62 (+0.42%), WTI Oil at $57.74 (+0.21%) Rates : US 10-year yield at 2.097, UK 10-year yield at 0.809, Germany 10-year yield … Continue reading Wednesday 17th July: Asian markets subtly lower on renewed trade concerns
Wednesday 17th July: Dollar index reclaims 97.00 to the upside; eyeing a possible run to weekly resistance at 97.72.
Key risk events today: UK CPI y/y; UK PPI Input m/m; Canadian CPI m/m, Common CPI y/y, Manufacturing Sales m/m, Median CPI y/y and Trimmed CPI y/y; US Building Permits. EUR/USD: A weaker-than-expected German ZEW survey coupled with upbeat US retail sales kept the euro on the losing side of the table vs. the dollar … Continue reading Wednesday 17th July: Dollar index reclaims 97.00 to the upside; eyeing a possible run to weekly resistance at 97.72.
