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Daily Markets Broadcast 2019-10-16

Daily Markets Broadcast

2019-10-16

Wall Street rises on earnings, Brexit optimism

The US reporting season got underway with banks managing to match expectations, though with a damped outlook. Negotiators say they are getting closer to a Brexit deal, though many “gaps” still remain. These two factors helped Wall Street to push higher, but the passing of the US Hong Kong democracy bill has tempered enthusiasm this morning.

 

US30USD Daily Chart

[1]

Source: OANDA fxTrade

 

DE30EUR Daily Chart

[2]

Source: OANDA fxTrade

 

CN50USD Daily Chart

[3]

Source: OANDA fxTrade

 

 

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Andrew Robinson

Andrew Robinson [6]

Senior Market Analyst at MarketPulse [7]
A seasoned professional with more than 30 years’ experience in foreign exchange, interest rates and commodities, Andrew Robinson is a senior market analyst with OANDA, responsible for providing timely and relevant market commentary and live market analysis throughout the Asia-Pacific region. Having previously worked in Europe, since moving to Singapore he worked with several leading institutions including Bloomberg, Saxo Capital Markets and Informa Global Markets, proving FX strategies based on a combination of technical and fundamental analysis as well as market flow information. Andrew began his career as an FX dealer with NatWest and the Royal Bank of Scotland in the UK.
Andrew Robinson

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