Futures Trading Education
While still under a positive tone, US and European Equity markets took a breather yesterday following the gains triggered by last Friday’s better than expected Non-Farm Payrolls Report. Oil prices got a boost on the back of an OPEC announcement that it plans to hold...
Futures Trading Education
There wasn’t much not to like about Friday’s July US payrolls report, the 255k rise in headline Payrolls enhanced by 18k worth of upward revision to May and June and meaning that well over half a million more Americans are in work compared to just two months ago. The...
Futures Trading Education
Yesterday was pretty much all about the Bank of England ahead of this afternoon’s Non-Farm Payrolls from the US. The Bank of England cut the Bank Rate by 25 basis points to 0.25% which is its lowest rate in its 322 year history. This cut was expected by all analysts...
Futures Trading Education
The ADP Employment estimate of private sector payroll growth in the US for July came in at 179K, a shade above the 17OK consensus, with the prior month surprisingly revised down by 4K to 172K despite the outsized gain reported by the BLS for June Non-Farm Payrolls....
Futures Trading Education
Shortly after I posted early yesterday morning the RBA which is the Australian Central Bank cut its Cash Rate by 0.25% to 1.50%. However if it was their intention to weaken the Australian Dollar with its latest rate cut then this attempt failed with the AUD back above...
Futures Trading Education
Weaker than expected US economic growth reported last Friday for the June Quarter after an underwhelming outcome form the Bank of Japan, set the tone for markets on Friday and again yesterday. The currency markets started the week with the Japanese Yen strong and the...
Recent Comments