Michael Moran is an experienced global markets professional who has traded currencies for over 30 years, having worked in dealing rooms of major banks all over the globe.
Nikolas Papas has been involved in the finance industry for over fifteen years spanning across Europe and USA with a depth of knowledge and experience within many aspects of the financial markets. Nikolas gained several years experience with some of Europe’s leading Brokers, as an equity analyst, and trader managing accounts for both Private and Corporate Investors. He enjoys both the fundamental and technical aspects of trading focusing on stock markets and all FX majors.
Karthik Subramanian has been a professional trader and fund manager in the stock and FX markets over the past 18 years. During this period, he has worked for many FX brokers and has also worked with major FX related publications.
Crowded Sterling Shorts Squeezed, Bond Yields Climb
US 10-Year Dips Under 1.5%, Euro Falls on ECB Stimulus Call
Yen Resumes Climb, Dollar Index Climbs, Euro Falls
Yen, Swiss Slump, CNH, AUD, USD Climb, Stocks, Yields Up
Yen, Swiss Extend Gains, EM’s Tumble, Aussie, Kiwi Fall
Asian stocks finished mixed today as US-China trade tensions show no sign of relief. The Hang Seng ended 0.73 percent higher at 25,681, Nikkei225 in Japan finished 0.07% lower at 20,389. The Shanghai Composite ended 0.67 percent higher to 2,834, while in Singapore the FTSE Straits Times index finished 0.70 percent lower to 3,105. Australian equities finished lower, the ASX 200 ended 0.14% lower to 6,399.
Asian stocks finished lower today as protests in Hong Kong shut down the airport, and the recent escalation in US-China trade tensions shows no sign of relief. The Hang Seng trading 1.69 percent lower at 25,381, Nikkei225 in Japan is 1.22% lower at 20,436. The Shanghai Composite ended 0.79 percent lower to 2,792, while in Singapore, the FTSE Straits Times index finished 0,72 percent lower to 3,146. Australian equities trading lower, the ASX 200 is 0.20% lower to 6,577.
Asian stocks finished mostly higher today amid the recent escalation in US-China trade tensions, while USDCNH fixing rate was at 7.0211. The Hang Seng trading finished 0.09 percent higher at 25,959. The Shanghai Composite ended 1.22 percent higher to 2,808, while in Singapore the FTSE Straits Times index finished 0,49 percent lower to 3,168. Australian equities trading flat, the ASX 200 is 0.01% lower to 6,584.
Asian stocks finished mixed today after the recent escalation in US-China trade tensions, while USDCNH finished above the 7 level. The Nikkei225 finished 0.40 percent higher at 20,684, the Hang Seng trading finished 0.47 percent lower at 25,996. The Shanghai Composite ended 0.72 percent lower to 2,774, while in Singapore the FTSE Straits Times index finished 0,49 percent lower to 3,186. Australian equities finished higher, the ASX 200 ended 0.25% higher to 6,584.
Asian stocks rebound today after better trade numbers from China for the month of July and despite the recent escalation in US-China trade tensions, while USDCNH breaks above the 7 level. The Nikkei225 finished 0.50 percent higher at 20,618, the Hang Seng trading 0.59 percent higher at 26,151. The Shanghai Composite ended 1.02 percent higher to 2,797, while in Singapore the FTSE Straits Times index finished 0,44 percent lower to 3,171.
European equities positive, US macro data in focus. Chinese stimulus update provides fresh bullish cues while US T.Yield inversion influenced recession woes and global economic slowdown concerns weigh down market bulls.
Global finance market is seeing bears dominate price action on geo-political cues influenced momentum. Latest headlines from China threatening the US with counter-tariffs on US goods if US government proceeds to impose additional tariffs on Chinese goods caused risk aversion to remain strong in the market. While the news influenced some level of declines, as the market suffered a steep loss in the previous session, declines were relatively capped in today’s trading session.
Global stock market today saw major benchmark indices and key stocks decline sharply influenced by fresh geo-political woes. Aside from the usual Brexit and Sino-U.S. trade war woes, decline in Argentina Peso influenced by election results and stock market rout
Geo-political woes affect risk asset demand in European markets, cautious investor sentiment dictates and drives price action of key assets in the global market.
European market closes the week on disappointing note over data and Italian political scenario driven momentum. US & Canadian data in focus for short term profit opportunities.