Futures Trading Education
A huge 5.7% rally in the Shanghai Composite Index, to close at its highest level in two years, led to a large rally in both European and U.S Indices. This move higher saw the MSCI Emerging Markets close with a gain of 4%, to its highest level since February. European...
Futures Trading Education
The latest Non-Farm Payrolls Report showed that 4.8 million Jobs were added back in June, which was well above the 3.23 million estimate, while the two previous months were revised up by a total of 90,000. The bottom lime is that after losing 22.16 million jobs in...
Futures Trading Education
European Indices started July on the defensive after comments from German Chancellor that European Union Members were still far apart in agreeing a recovery fund and a budget. This changed shortly before the U.S Markets opened after Pfizer/BioNech announced a vaccine...
Futures Trading Education
As expected, both European and U.S Indices continued their rally as the Second Quarter came to a close. As I mentioned in yesterday’s commentary that seasonally this is one of the strongest week’s of the year in this abbreviated shortened trading week due to the July...
Futures Trading Education
Both European and U.S Indices reversed most of Friday’s losses to start the week on a positive note. Seasonally this is a strong week for the U.S Markets which are closed from 1.00 pm on Thursday until Monday morning for the July 4 Holiday Weekend. Markets gained...
Futures Trading Education
U.S Indices finished the week on the lows of the Day, as a resurgence in new Coronavirus infections halted the re-opening of the American Economy. The Dow closed 2.8% lower at 25,015, which was the lowest close for the month. Both Texas and Florida announced the...
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