Futures Trading Education
Yesterday’s flat fix of the USDCNY along with the increase in cost of the CNH on the interbank market ( up to 13.39% vs daily average of 4.54%) helped stabilise the currency. After trading to a high of 6.7078 before mid-day, the USD/CNH has been on a downward trend...
Futures Trading Education
On another day, news of a near 300k rise in US payrolls, still quite benign earnings growth and a steady but near-full employment unemployment rate (5.0%), might have sent equities and the US Dollar to the moon and Bond Yield’s higher. As it was, market...
Futures Trading Education
Yesterday’s action was initially dominated by news out of China whereas usual this news started before we awoke yesterday morning. The PBoC continued with its drip-feed devaluation, setting a Yuan reference rate of 6.5646. This amounted to a 0.51% devaluation...
Futures Trading Education
Market jitters continued, with another sea of red for equity markets and Yen being the favoured currency. Market sentiment turned down following China unexpectedly weaker currency fixing early yesterday morning . The PBOC set the Yuan reference rate at 6.5314, an...
Futures Trading Education
It was a more normal trading session yesterday following the big risk off session on Monday. However overnight North korea TV has reported that North Korea leader Kim has conducted a Hydrogen Nuclear test which has sent the markets tumbling again. The other big news...
Futures Trading Education
The first day of trading for many markets was a memorable one, with some big falls in equity markets. With the plunge in risk appetite, the Yen was the best performing currency. The bad start to the year really all began following Saudi Arabia’s execution of...
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