Global Markets: Asian Stock Markets : Nikkei up 1.05%, Shanghai Composite up 1.47%, Hang Seng up 0.47%, ASX up 0.38% Commodities : Gold at $1312.65 (-0.26%), Silver at $15.54 (+0.01%), Brent Oil at $66.90 (+0.89%), WTI Oil at $57.63 (+0.72%) Rates : US 10-year yield at 2.719, UK 10-year yield at 1.293, Germany 10-year yield … Continue reading Friday 1st March: Asian markets rebound.
Underpinned by a better-than-expected US growth reading as well as an upbeat Chicago PMI, the US dollar index advanced to a high of 96.28 Thursday, registering its second consecutive daily gain.
Global Markets: Asian Stock Markets : Nikkei down 0.91%, Shanghai Composite down 0.44%, Hang Seng down 0.63%, ASX up 0.30% Commodities : Gold at $1321.05 (-0.01%), Silver at $15.69 (+0.10%), Brent Oil at $66.25 (-0.50%), WTI Oil at $56.74 (-0.35%) Rates : US 10-year yield at 2.664, UK 10-year yield at 1.273, Germany 10-year yield … Continue reading Thursday 28th February: Asian markets mostly lower; Trump – Kim Jong Un summit cut short
The value of the euro weakened against its US counterpart Wednesday, snapping a two-day bullish phase. A revival of USD bidding, driven by advancing US Treasury yields, weighed on the EUR/USD.
Pressured by declining US Treasury yields, the US dollar Index (calculated by factoring in the exchange rates of six major world currencies) extended losses Tuesday, shaking hands with its lowest level in three weeks at 95.95.
