Asian Markets Firm

Asian Markets Firm

Asian markets are firmer on the back of renewed optimism over trade talks, positive earnings from the Coca Cola and United Technologies yesterday and prospects for continued dovish policy from Central Banks starting with the ECB tomorrow.

Stocks in the US continue to trade at or near an all time high but resistance is starting to build above 27,350in DOW futures, the more that we touch this level and trade away.

The dollar is particularly strong against the Euro, trading at 1.1140 this morning and a break below this level could see us trade at 1.10 very quickly.

GOLD had see saw day yesterday, trading between 1414 and 1424 before settling at the lower end of the range.

The DAX outperformed the other indices yesterday and will benefit if the Euro continues to break down.

The following two tabs change content below.
'Want to learn more with Nick Lesson? Bizintra offers world-class education, trade signals with a success rate of 80% to date, daily live webinars and a student support community. The best part of this is that they offer a limited number of broker sponsorships each month, meaning a broker will pay 100% of your course fees. Why delay? head over to their website bizintra.com for more information and to arrange a call with one of their senior analysts who can provide you with all the details'

Latest posts by Nick Leeson (see all)

You must be logged in to post comments :  
CONNECT WITH