Equity markets climbed in Europe yesterday
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
Risk Averse Lead Markets
Information is not investment advice
Ichimoku Kinko Hyo
EUR/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.
Fibonacci Levels
XAU/USD: Gold has failed to stand above 23.6% retracement area. Seems that sellers increase downside pressure.
EU Market View
Asian equity markets were lower across the board amid strong headwinds from Wall Street where the tech rout intensified on return from the long weekend. US equity futures pare Asia session losses with Emini S&P now flat and Emini Nasdaq 100 up 0.7%, although still have far to go to recoup Tuesday's tech sell-off; Asia-Pac bourses remain heavily pressured. Looking ahead, highlights from macroeconomic calendar include US JOLTS and BoC Interest Rate Decision.
EU Key Point
- Japan's Suga supports that it is important to protect jobs, help businesses continue operating
- ECB heaps further pressure on big banks over Brexit plans
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Brutal session in the equity markets yesterday
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now trading within the Kumo…
The U.S. economy added 390,000 jobs in May
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is now trading above the Kumo…
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