Futures Trading Education
Very much a risk-off 24 hours for markets with Equities and some Commodities taking the brunt after Chinese stocks lurched lower in afternoon trade to finish down an eye-glazing 8½% on the day. As most members know that I am away in Florida for another 10 days so...
Futures Trading Education
Price wise, there was not a lot to note in early Friday’s European markets, much of the day’s price action having occurred during the Asia-Pacific session (in FX at least). News-wise, the biggest excitement came around midday NY time when the Fed revealed that...
Futures Trading Education
It has been another 24 hours again where the market has not had to be besotted with global Geo-Politics such as Greece and has been able to focus on the flow of data and more reports out of the US earnings season. None too compelling data, US earnings reports that...
Futures Trading Education
After I posted earlier this morning the RBNZ announced a further cut to its OCR by 25bps to 3.00% with the language from the RBNZ seemingly less anxious about the Kiwi, with the Central Bank previously describing the Kiwi as unjustified and unsustainable. I expect...
Futures Trading Education
NO doubt RBA Governor Stevens would have a wry grin with the partial pull-back in the US Dollar yesterday with the AUD/USD the best performer among the majors popping back above 0.74 and where it sits this morning. It’s been an orderly 24 hours, bereft of economic...
Futures Trading Education
In what has been an otherwise quiet 24 hours bereft on tier-1 economic news, the highlight has arguably been comment from St Louis Fed president James Bullard. Though not a current FOMC voter, and considered more an ‘activist’ than an easily labelled ‘hawk’ or ‘dove’,...
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