Futures Trading Education
There is no doubt that whichever way you cut it, last Friday’s Non-Farm Payrolls was a shocker. Looking at the spectrum of forecasts ahead of the release, the 38K print for May was 52K lower than the lowest forecast surveyed by Bloomberg while consensus was at...
Futures Trading Education
In a day of potential event risk as both the ECB and OPEC met, nothing really happened. Markets mostly treaded water, while US economic data was bang in line with Jobless Claims coming in at 267K and the ADP Employment Change at 173K ahead of today’s Non –Farm...
Futures Trading Education
The Australian Dollar had a big knee-jerk bounce after stronger then expected GDP but the rally ran out of steam as the AUD/USD approached 0.73 then was stunted further after the AFR’s RBA – watcher Alan Mitchell’s wrote an on line piece suggesting that...
Futures Trading Education
Markets ended the month of May in a cautious mood amid mixed US economic data and a Guardian Poll that suggested Britain to be more in favour of leaving the EU. US and European equity Indices ended the day marginally in the red. Oil prices climbed above $50 and then...
Futures Trading Education
With the US having a long weekend for Memorial Day and with the UK having its Spring Holiday, market liquidity was understandably thin, with limited interest in open FX, Oil and Gold markets that mostly market time. However Gold is firmer this morning having rebounded...
Futures Trading Education
Ahead of a long weekend in the UK and the US, risk assets enjoyed a mildly positive Friday trading session, with the US Dollar closing stronger across the board as US Treasuries ended the day higher across the curve. In her much awaited Harvard University appearance,...
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