commodities markets Archives - The Industry Spread

Moscow Exchange Trading Volumes in April 2019

May 13, 2019

Moscow Exchange Trading Volumes in April 2019, Unless stated otherwise, all figures below refer to performance for April 2019 and all comparisons are with the same period last year.Total trading volume across Moscow Exchange’s markets was RUB 73.8 trln in April 2019.The growth leaders were bond (+24.3%), GCC repo (+22.2%), commodity derivatives (+18.4%) and CCP repo (+12.5%) markets. 

GBPUSD Volatility is Still the Name of the Game

March 14, 2019

Fresh Chinese worse-than-expected industrial production data which was the lowest output growth in 17 years weighed on Asian equities. In Japan, the Nikkei225 main index lost 0.02 percent to 21,287, and the Hang Seng benchmark in Hong Kong finished flat at 28,834. The Shanghai Composite shed 1.20 percent at 2,990, while stocks in Australia which had been under pressure for most of the afternoon, however, managed to claw back gains in the final hour of trade as the Financial sector improved. The ASX 200 closed up 18 points or 0.3% to 6,179.

ECB on the Spotlight, USDCAD Breaks Higher

March 7, 2019

Asian indices finished mostly lower today following a downbeat session in Wall Street. With trade negotiations frontier quiet, traders will turn their attention to Europe and focus on the monthly decision on interest rates by the European Central Bank and data on quarterly economic growth. Stock traders will also be following news that Chinese tech company Huawei has filed a lawsuit against the US government over the ban that restricts Fed agencies from using its products.

Australia’s Economy Slowed Sharply in second half of 2018, AUDUSD Down to Two-Month Lows

March 6, 2019

Asian indices finished mostly higher today following a mute session yesterday with Chinese stocks rising sharply since January, reversing much of the underperformance against other Asian indices over the last year. With trade negotiations frontier quiet, traders have to evaluate the more positive stimulus talks from China and continuing poor economic data globally to derive next trading moves.