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| | The US stock exchange has followed Asian and European markets sharply lower in the wake of the arrest, in Canada, of Meng Wanzhou | | | | | | The Euro rallied significantly during the trading session on Thursday, but then rolled over to show signs of weakness again. | | | | | | Bitcoin markets fell again during the trading session on Thursday, after initially trying to rally. | | | | | | The S&P 500 fell rather hard to kick off the trading session on Thursday, reaching down to the lows again but I think there is plenty of support at the 2600 level | | | | | | The US dollar has spent most the day falling against the Japanese yen but found a bit of a bid underneath, as the uptrend line continues to hold the market up, just as the 200 day EMA does. | | | | | | The WTI Crude Oil market fell rather hard during trading on Thursday, slamming into the $50 level yet again as OPEC concluded their meeting without announcing any new cuts. | | | | | | Gold prices ended Thursday's session with slight gains. | | | | | | An interesting piece of research caught my eye this week, as highlighted in a little Bloomberg story: the calendar year 2018 is the first year in almost fifty years where not a single broad asset class has produced a positive return greater than 5%. | | | | | | The US Dollar was finally seeing some recovery after struggling for traction earlier in the Asian trading session. | | | | | | The latest polls on the Pound Sterling suggests that the fate of the currency is almost completely in the hands of the Prime Minister. | | | | | | Phillip Hammond, the UK's Chancellor of the Exchequer, famously said that nobody voted for Brexit to be poorer, but it is increasingly clear that this will be the case. | | | | |
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