forex markets Archives - The Industry Spread

GBPUSD Breaks Below 1.30 as we Enter a Heavy Brexit Week

March 11, 2019

It has been a positive start to the new trading week as Asian markets recorded gains across the board — major US indices on Friday fell for five straight days. In Japan, the Nikkei225 main index added 0.47 percent to 21,125 and the Hang Seng benchmark in Hong Kong gained 0.59 percent at 28,393. The Shanghai Composite rising 0.96 percent at 2,998, while The Aussie stockmarket finished 0.40 percent lower to 6263.

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.