Update May 18 – Stocks, Oil & Gold all bid

Trading Leveraged Products is risky

GBPUSD, H1

                                             

Commoditiy Currency نے Firmer trading کی Stocks میں بلندی آئی۔  اسِ کی وجہ سے Asia-pacific markets میں Moderate gain آئے۔ S&P 500 میں 1% Rally آئی۔  اسِ کی وجہ ہے کہ Fed نےWarn کیا کہ «Fed is not out of ammunition». اور مزید طریقے بھی اپنائے جا سکتے ہیں۔ (Lane) ECB Chief Economist نے کہا کہ Central Bankاپنے  PEPP Programme کو Size and/ Or duration میں بڑھا سکتے ہیں۔ Oil Prices میں اضافہ ہوا۔ (Last day before oil roll over Contracts) اسِ وجہ سے $31.24 پر Price گئی جو کہ Nine-Week High. اب Dropping Supply اور Raise in  demand کی وجہ سے ساتھ ہی مارکیٹ کے Re-open بھی ہیں۔ سب سے بڑی وجہ یہ ہے کہ s Working  US-OIL& Natural gas rig  میں سے زیادہ تر بند ہیں۔ Gold&Silver میں Traction موجود اور اب R2 Levels پر ہے۔ Gold at $ 1765& Silver $ 17.32 

  

Currencies میں AUD Friday close 0.06415 سے اوپر۔USD Cad نے Friday close 1.4110 سے نیچے 1.4063 Low بنایا۔ EURUSD نے (1.0800s) Narrow Range اور Lower 107s Immobile.  USDJPY    Cable نے اپنے Losses میں اضافہ کیا۔ EURGBP نے 7-week High بنایا۔ Japan Q1 GDP کے حساب سے اب یہ Deep Recession میں شامل ہوگیا ہے۔  ابSlightly but better than expected. -19% q/q  

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Stuart Cowell

Head Market Analyst

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