Futures Trading Education
Another big trading session for news and in markets, the fall-out from Apples’ revised Q1 revenue guidance, and a much weaker than expected US December Manufacturing ISM report, the key market drivers. Apple’s share price losses, running at 6-7% during the APAC...
Futures Trading Education
A further deterioration in risk sentiment during the European and then early-US sessions saw AUD/USD lose its already tenuous grip on the psychological 0.70 level in early New York trade, the pair’s first foray below 0.70 since 9th February 2016. Back then, AUD was in...
Futures Trading Education
There was a further advance by US stocks on Monday in thin trading, with trade hopes lifted following weekend comments from US President Donald Trump claiming ‘’big progress’’ was being made towards a deal between the US and China. The Dow rose 1.15%, while the Nasdaq...
Futures Trading Education
US stocks ended slightly lower on Friday in another choppy session, given thin trading, with the S&P 500 handing back over a percent of earlier gains in the last hour to close -0.12%. It still finished 2.86% up on the week, the first weekly gain for the Index in...
Futures Trading Education
An early-day bounce in US stocks following New York Fed’s John Williams CNBC interview (see below) proves to be of the (very) dead cat variety The S&P closes down 2.06% (-7% on the week, -9.6% YTD). DJIA -1.81% (-9.2% YTD). NASDAQ -2.99% and -8.3% YTD but -21.7%...
Futures Trading Education
It was another sea of red, the US main board indexes down in size again, led by the FAANG stocks though the market had tried to rally at 8.30 pm before selling off into the close on the worries over a US Government shutdown. The Eurostoxx600 Index declined by 1.45%,...
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