Futures Trading Education
With the U.S. out for Martin Luther King Day and Cash stocks and Bonds both closed, trading was quiet. In the UK, Prime Minister May’s ‘’Plan B’’ for Brexit essentially the resoundingly rejected Plan A but with an intent to go back to Brussels and try find a different...
Futures Trading Education
Friday’s price action saw an extension of the feel good vibes from previous days boosted by news that China had offered to buy more than $1trn in US goods over 6 years in order to reduce China’s trade surplus with the US. Mostly solid US data releases also helped...
Futures Trading Education
Risk assets were boosted in the last 90 minutes of trading last evening amid speculation the US is considering lifting trade tariffs on China in order to appease markets. The report suggests this is a debate between trade officials with President Trump not yet...
Futures Trading Education
The UK government has survived the no-confidence motion tabled on Tuesday by opposition leader Jeremy Corbyn; to no-ones surprise hence Sterling is little moved. We now await the government’s ‘’Plan B’’ response to developments that are supposed to come by Monday, the...
Futures Trading Education
The British pound came under pressure in front of the vote on the Prime Minister’s Brexit withdrawal Agreement, which she has lost by a crushing 432 to 202 votes. Sterling is bouncing on this, on the view that the Labour opposition no confidence motion tabled after...
Futures Trading Education
Yesterday’s seemingly dire China December trade numbers cast a pall over risk market as well as AUD and NZD during Monday’s trading session, albeit AUD is back to 0.72 and the sell-off in European and US stock markets has been limited to +/-0.5%. Citibank kicked off...
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