Futures Trading Education
The FOMC post Meeting Statement played a very straight bat, not locking themselves in to one course or the other as far as the March 17 meeting decision is concerned, leaving that outcome to the course of the economy between now and then and prospects beyond as it...
Futures Trading Education
And yes, it was still all about oil with another classic short squeeze, this time seemingly triggered by comments from the Iraqi Oil Minister speaking at a conference in Kuwait saying that Saudi Arabia and Russia are now more flexible about cooperating to cut output....
Futures Trading Education
Oil continues to be the main driver for both Currency and Equity markets with Oil trading nearly 10% lower than the highs made 24 hours ago. This sell-off in Oil saw the Dow and S&P fall 1.3% and 1.56% respectively while the lower Oil price sees the Canadian...
Futures Trading Education
Oil having been the main driver of most of the market price action of the past two weeks, it was Friday’s near 10% rebound that was the catalyst for much of Friday’s retracements and following on from Thursday’s moves inspired by the prospect of additional ECB easing...
Futures Trading Education
ECB talk of further easing in the future boosted risk assets yesterday. Equities posted solid gains in Europe and in the US where the Dow and S&P closed 0.75% and 0.5% higher respectively. This theme has continued overnight with the incredible 940 point rise in...
Futures Trading Education
Another 24 hours of extraordinary volatility with the Dow having traded down over 550 points before mounting a 400 point rally in the last two hours of trading only to get hit again overnight on the back of the Shanghai and Nikkei both closing down over 3%....
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