June 20, 2017
EUR/USD Update – 20/06/2017 (12:05pm): EUR/USD hovers at the lower end of last week’ range, trading around 1.1150. Early London saw German Producer Prices fall in May by 0.2% when compared to a 0.4% advance in April, up 2.8% yearly basis from previous 3.4%, and both numbers missing market’s expectations. The technical outlook is neutral-to-bearish short term,… View Article
June 20, 2017
GBP/USD Update – 20/06/2017 (11:55am): GBP paring early Carney inspired losses in a quiet market.. GBPUSD has now rebounded and could retest the expected resistance area at 1.2834-77 which was acting as support previously. The long term view is still bullish. It is expected a bearish movement from this area targeting 1.2705 followed by 1.2620. But… View Article
June 20, 2017
In Asian Equity Markets Japan’s Nikkei index probed its highest levels in nearly two years on Tuesday, powered by record highs on Wall Street and a weaker yen. The Nikkei was up 1.1 percent at the end of morning trade at 20,287.67, after rising as high as 20,318.11, its highest level since August 2015. MSCI’s broadest index… View Article
June 20, 2017
Morning all.. Wall St had another record close last night led mainly by the resurgence of tech stocks.. The S&P closed up 0.83% and Nasdaq up 1.42% in a general risk on session. The dollar rallied and the weaker JPY helped the Nikkei to close up 0.92%: Japanese shares climbed to the highest since August… View Article
June 19, 2017
In European Equity Markets French stocks outperformed upbeat European indices on Monday following a convincing parliamentary victory for President Emmanuel Macron, while banks rebounded following upgrades and retailers recovered from last week’s losses. France’s blue-chips gained nearly 1 percent after President Emmanuel Macron cemented an overwhelming parliamentary majority, further increasing his party’s capacity to push through… View Article
June 19, 2017
In Asian Equity Markets Japanese stocks rose on Monday, as the dollar’s steady performance against the yen fuelled buying in stock futures, while Nomura Real Estate dived after saying a stake purchase in the company by Japan Post was no longer being considered. The Nikkei was up 0.6 percent at 20,063.42 in mid-morning trade. MSCI’s broadest index… View Article
June 19, 2017
Morning all.. Wall St closed unchanged on Friday in a quiet session but Asia is higher this morning with the Nikkei up 0.55% but little economic news overnight. Stocks in Asia rose, with a weaker yen supporting Japanese equities and technology stocks rebounding after their biggest weekly sell-off since November. But even USDJPY was stuck… View Article
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy
