The single currency sustained its downside presence Wednesday, weighed on by a swelling dollar and ECB’s Draghi’s dovish remarks, hinting a rate hike could be further delayed if necessary.
28
Mar
2019
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27
Mar
2019
Wednesday 27th March: Asian markets mixed, China gains.
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Global Markets: Asian Stock Markets : Nikkei down 0.38%, Shanghai Composite up 0.46%, Hang Seng up 0.57%, ASX up 0.09% Commodities : Gold at $1321.55 (+0.01%), Silver at $15.42 (-0.05%), Brent Oil at $67.59 (+0.24%), WTI Oil at $60.03 (+0.15%) Rates : US 10-year yield at 2.418, UK 10-year yield at 1.008, Germany 10-year yield … Continue reading Wednesday 27th March: Asian markets mixed, China gains.
27
Mar
2019
Wednesday 27th March: ECB President Draghi speaks in Frankfurt today – euro in the spotlight.
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A firm greenback across the board weighed on the single currency Tuesday, despite US consumer confidence reporting lower-than-expected numbers. The Conference Board Consumer Confidence Index declined in March, after increasing in February.
26
Mar
2019
Tuesday 26th March: Asian markets higher after Monday’s fall.
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Global Markets: Asian Stock Markets : Nikkei up 2.15%, Shanghai Composite down 1.75%, Hang Seng down 0.28%, ASX up 0.07% Commodities : Gold at $1325.15 (-0.29%), Silver at $15.50 (-0.44%), Brent Oil at $66.97 (+0.24%), WTI Oil at $59.22 (+0.68%) Rates : US 10-year yield at 2.430, UK 10-year yield at 0.973, Germany 10-year yield … Continue reading Tuesday 26th March: Asian markets higher after Monday’s fall.
26
Mar
2019
Tuesday 26th March: Greenback in the red as US Treasury yields extends downside.
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Sentiment among German business leaders improved as the IFO Business Climate Index rose in March from 98.7 (seasonally adjusted) to 99.6 points.