Futures Trading Education
The main focus by markets ahead of yesterday’s trading session was no doubt the US Presidential Debate, billed as the showdown of the Century. But this is was not caught the market’s attention which was the better than expected US Consumer Confidence, now...
Futures Trading Education
Four hours before an estimate 100 million Americans tuned in to watch the two wannabe leaders of the free world go head to head, a Bloomberg poll published just before the close of the New York stock market last evening showed Clinton and Trump tied at 46%. The same...
Futures Trading Education
There is not a huge amount to say about last Friday’s market action which was characterised by a give-back of some of the post-FOMC stock market euphoria, fractionally lower Bond Yields and a slightly stronger US Dollar. The biggest news was that Saudi Arabia...
Futures Trading Education
24 hours on, under my Central Bank umbrella is how the markets have interpreted Wednesday’s US FOMC Meeting. Although there were three dissenters, the Statement was seen on the dovish side with the dot points for the Fed Funds Rate lowered across the board. That...
Futures Trading Education
The US equity markets closed up over 1% across the board in reaction to the Fed leaving Interest Rates on hold last evening. They left the Fed Funds Rate at 0.25%-0.50%, as nearly universally expected. The US Dollar is softer with the Bloomberg Spot Dollar Index...
Futures Trading Education
Earlier this morning the Bank of Japan announced a no change in interest rates, before surprising markets by saying it would purchase debt so that Bond Yields remain near zero percent. The Central Bank said at this morning’s meeting that it would move away from...
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