Futures Trading Education
Yesterday was a rather uneventful trading session as markets did some more final positioning ahead of this evening’s FOMC meeting. The US Dollar has been whipped around a little, rallying earlier in the session, sold lower, but then making a comeback later in the...
Futures Trading Education
Yesterday was a quiet and mixed trading session for markets. Most European equity Indices ended the day with small loses while US equities have traded in and out of positive territory. One factor weighing on markets was the sharp drop in China’s Shanghai composite....
Futures Trading Education
The main news over the weekend is that OPEC and some non-OPEC producers hammered out a deal on Saturday culminating in Saudi Arabia signaling its intent to cut oil production by more than agreed on Nov.30th and possibly to below 10mn bpd from 10.64mn of late. The news...
Futures Trading Education
Pretty much all the attention yesterday has been on the outcome of the European Central Bank meeting, not so much whether the ECB would change any of its key policy rates, but what they would announce as far as Bond purchases. The market was broadly expecting that the...
Futures Trading Education
The Dow rallied 1.55% or 298 points yesterday in one of the fastest moves higher that we have witnessed in this incredible Bull trend which is over eight years old. The S&P Futures market traded over 50,000 Contracts in a one minute frenzy after US Steel...
Futures Trading Education
March 2011 was also the last time Australia printed a negative quarterly GDP, but that is what happened earlier this morning when the Q3 GDP was released which showed the economy contracting by 0.5%. This miss is hardly the start of a recession as economists expected...
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