Futures Trading Education
Emmanuel Macron was elected French President late last night with a business friendly- vision of European integration, defeating Marine Le-pen, a far right nationalist who threatened to take France out of the European Union. Exit polls put the vote at 65/35% in...
Futures Trading Education
The two big events in the past 24 hours were a 4.8% slide in the oil price and a surge in European risk assets. The oil price is now back to its lowest point since mid-November with WTI oil sitting at $44.51 a barrel having fallen below $44 overnight and below the...
Futures Trading Education
It has all been about the FOMC and weakness in the AUD over the past 24 hours. It was just words, the statement, from the FOMC last evening with the FOMC leaving the Fed Funds Rate unchanged at 0.75-1.00% and not changing their guidance on when they might begin to run...
Futures Trading Education
Markets traded sideways in what was a wait and see mode ahead of Apple’s results after the bell and the FOMC decision later this evening at 7.00 pm. US equities ended the day marginally in positive territory with technology share leading the way while the automobile...
Futures Trading Education
News of North Korea conducting another (apparently failed) ballistic missile test crossed the wires about 30 minutes prior to the NY close last Friday. 10 year Treasuries lost 2bps during this short window but FX markets were little moved (USD/JPY actually tracked...
Futures Trading Education
After some mis-communication in March, ECB President Mario Draghi chose his words especially carefully and stuck to his script at his post ECB press conference yesterday lunch time. He retained his easy rhetoric but eyed some improvement in the balance of growth...
Recent Comments