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  Index Analysis Asian Pacific stock markets sank on Wednesday. The Shanghai Composite is down 0.36% at 3,111.18. Overall, the Singapore MSCI is down 0.50% at 290.75. Over in Hong Kong, the Hang Seng Index is down 1.35% at 18,501.00. In Japan, the Nikkei 225 is down 1.20% at 27,120.00, while the Topix index is down 1.17% at 1903.50. South Korea’s Kospi is down 0.77% at 2,349.60. Australia S&P/ASX 200 down 1.60% at 6697.80. EURO STOXX 50 Technical Analysis TRADE SUGGESTION- SELL AT 3436.00 TAKE PROFIT AT 3400.00 AND STOP LOSS AT 3469.00 Forex Analysis In the Forex market, GBPUSD down 0.05% at 1.1374. The USDJPY up 0.17% at 143.966. The USDCHF up 0.13% at 0.9651. EURUSD down 0.04% at 0.9964, EUR/GBP up 0.01% at 0.8760. The USD/CNY up 0.34% at 7.042 at the time of writing. EURJPY Technical Analysis TRADE SUGGESTION- SELL AT 141.925, TAKE PROFIT AT 141.337 AND STOP LOSS AT 142.479 Commodity market analysis In the Commodity market U.S. Gold futures down 0.01% at $1,664.52. Elsewhere...

  West Texas Intermediate oil: - It describes a light-weight oil with relatively low sulfur. While it’d be produced in West Texas, the WTI designation are often designated to any crude which will meet the standards of being a light-weight sweet crude with the “light” aspect being defined as API 41 gravity and sulfur content of approximately 0.4%, which would make it “sweet.” WTI is that the crude that’s the idea for the crude contract on the NYMEX division of the CME. The delivery point for that crude isn’t actually in Texas; it’s at the pipeline and tank gathering point of Cushing, Oklahoma. Crudes that meet the essential specifications of WTI are often delivered into the contract albeit they’re not produced in West Texas. WTI was the primary actively traded crude contract, launched on NYMEX in 1983. They considered it the key benchmark for several years until the Brent contract had displaced gradually it on what’s now ICE. WTI fell far out of favor when the lack to urge crude out...