Futures Trading Education
On the first full day of trading for May as London returned from Monday’s Bank Holiday, both equity markets and the US Dollar had a wild trading session with the Euro having traded as high as 1.1620 before getting hit hard to close just below 1.15 while equity markets...
Futures Trading Education
US and European Equity markets ignored the negative lead from Asian markets and started the month of May on a positive note. While yesterday’s fall in the Nikkei, partly reflected a catch up move given Friday’s holiday in Japan, this negative sentiment spread...
Futures Trading Education
The big news after I posted early yesterday morning was the announcement by the Bank of Japan of no interest rate cut and no increased QE. As a result of this thundering silence out of the BoJ the USD/JPY fell 3% to 108 while the Nikkei also responded closing down...
Futures Trading Education
To finish what has been a very boring April for the Financial Markets we had the latest Fed Meeting and FOMC Statement last evening. This event turned out to generate little fanfare. Concerns about international developments were dialled down from being a ‘risk’ in...
Futures Trading Education
Yesterday was a trading session of relative flatness in European and US equity markets despite the softer US economic data while Commodities had a mixed session with WTI Oil the standout performer closing up $1.53 to $44.16 and well above the post Doha talks at just...
Futures Trading Education
It is interesting that not a single stock market anywhere in the World which closed in positive territory on Monday, although the US Market had a nice rally in the last hour of trading but still fell short of a positive return. The Eurostoxx 50 ended yesterday down...
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