Futures Trading Education
After a lacklustre Asia pacific session, European and US equity Indices ended yesterday on a positive note bolstered by better than expected corporate earnings results. In the US, Morgan Stanley and Microsoft profits topped estimates while in Europe, SAP and VW also...
Futures Trading Education
Yesterday’s RBA Minutes with its dovish take and concerns about the activity side of the economy saw Australian Rates move to price in a rate cut in August from 59% to 63%. This helped weaken the Australian Dollar which closed below 0.75 in New York last night....
Futures Trading Education
In a quiet trading session, US and UK equity Indices edged a little bit higher buoyed by technology and financial shares while European Indices drifted lower weighed down by energy shares following a sharp drop in oil prices. The lack of major data releases has kept...
Futures Trading Education
News of the (now failed) attempted military coup attempt in Turkey started filtering though about half an hour before the US stock market close, too late to have much impact on Cash Indices which closed fairly flat but early enough to see the S&P500 futures lose...
Futures Trading Education
Yesterday was a busy day in the UK, with new Prime Minister Theresa May appointing her full new Ministry and of course the Bank of England Meeting. Would the BoE cut an ultra-low Bank Rate, announce QE2 or do nothing and review in August when the next Quarterly...
Futures Trading Education
Equity markets which have been on a tear to the upside are finally starting to show some signs of fatique. After making new record highs on Tuesday, the S&P and Dow have struggled to make new gains while in Europe the EurStoxx Index closed in negative territory...
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