Futures Trading Education
The Euro and Australian Dollar this week look set to remain in the hands of broader USD and Emerging Market (EM) moves amid a sparse economic calendar. Broader USD moves in turn are likely to be heavily dependent on whether EUR/USD can build on Friday’s bounce. We...
Futures Trading Education
Equity market sentiment has turned sour again in the past 24 hours. The Shanghai stock market fell 2.94% yesterday (it is now down a cool 11.9% so far this month and 24.8% year to date), spilling over into softer European markets. The Eurostoxx Index was down 0.51%,...
Futures Trading Education
Late last night, UK PM May has been addressing EU27 leaders at a pre-dinner event on the latest Brexit developments/her proposals. Despite no clear air yet, including on the important Irish border question, the Pound has been remarkably stable. Not even comments from...
Futures Trading Education
US stocks are back on the up, a 2.2% gain for the S&P 500 (led by the IT sector) which reduces the month-to date loss to 3.5% from 6.7% as of last Thursday and has pushed the VIX index back firmly below 20. This has done nothing for either US bond yields or the...
Futures Trading Education
European equities did open weaker on the back of sizeable losses in Asia-Pacific equities, but managed to rally as the morning session progressed to close up for the day, the E600 European index up 0.1%, the FTSE by 0.48% and the DAX by 0.78%. It has been a choppier...
Futures Trading Education
US equities rallied at the New York open on Friday, aided by JP Morgan’s pre-open earnings beat, but never really managed to build on opening gains. It turned out to be an up, down, up session with the S&P 500 ending 1.4% higher, so recovering a little of...
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