Sterling attempted to overthrow the key figure 1.30 Monday, though failed to muster enough oomph to sustain gains as further delays were put into the Brexit process.
22
Oct
2019
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21
Oct
2019
Monday 21st October: Asian stocks mixed on weak sentiment
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Global Markets: Asian Stock Markets : Nikkei up 0.25%, Shanghai Composite down 0.37%, Hang Seng up 0.08%, ASX up 0.04% Commodities : Gold at $1494.55 (+0.03%), Silver at $17.72 (+0.80%), Brent Oil at $59.35 (-0.12%), WTI Oil at $53.88 (+0.02%) Rates : US 10-year yield at 1.769, UK 10-year yield at 0.706, Germany 10-year yield … Continue reading Monday 21st October: Asian stocks mixed on weak sentiment
20
Oct
2019
Monday 21st October: Weekly technical outlook and review.
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Sterling savoured another stellar week, notching gains in excess of 300 points and closing not too far off session highs at 1.2989. Technically, focus has shifted to supply at 1.3472-1.3204 and long-term trend line resistance (etched from the high 1.5930), following last week’s dominant push through the 2019 yearly opening level at 1.2739.
18
Oct
2019
Friday 18th October: USD sellers strengthen grip and maintain position sub 98.00.
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The pound remained at the mercy of breaking Brexit news Thursday, with early reports that the DUP is still dissatisfied with the draft proposals drawn up by UK and EU negotiators.
17
Oct
2019
Thursday 17th October: Asian stocks mostly lower on weakened sentiment; Hong Kong gains
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Global Markets: Asian Stock Markets : Nikkei down 0.09%, Shanghai Composite down 0.05%, Hang Seng up 0.53%, ASX down 0.77% Commodities : Gold at $1494.10 (+0.01%), Silver at $17.43 (-0.01%), Brent Oil at $58.88 (-0.91%), WTI Oil at $52.84 (-0.97%) Rates : US 10-year yield at 1.731, UK 10-year yield at 0.673, Germany 10-year yield … Continue reading Thursday 17th October: Asian stocks mostly lower on weakened sentiment; Hong Kong gains