Forex Consulting

Longer-term yields in the US went nowhere in 2017

US 10-year yields is sitting at 2.43% today, pretty much where it finished last year at 2.44% If you were to look at the chart for US 10-year yields this year, you wouldn’t be able to tell that we actually saw three rate hikes in the US in 2017. But we actually did. Copyright 2015…

Forex Consulting

European equities mostly flat to start the day

Pretty much no movement in the open for European stock markets A hint that a quiet session is up ahead, maybe? Meanwhile, Hong Kong’s Hang Seng index closes the day higher by 0.2% at 29,919.15. The index finishes the year up by a staggering 36% – the biggest % gain in the index since 2009.…

Forex Consulting

China Dec manufacturing PMI 51.6 vs 51.8 prior

China purchasing managers’ surveys – The manufacturing PMI was in-line with the consensus of 51.6 – Non-manufacturing 55.0 vs 54.7 expected – Prior non-manufacturing PMI 54.8 Good news on the non-manufacturing data in a rare New Years Eve release. Copyright 2015 Forexlive.com