Futures Trading Education
Friday was pretty quiet, in FX especially, after US CPI data failed to surprise, following a slow Asia session where activity was constrained by end-of-Ramadan holidays in Singapore, Malaysia and Indonesia. Gold was one of the biggest movers on the day, -$11.25 to a...
Futures Trading Education
Not big moves on the currency front yesterday, though the US Dollar was somewhat stronger as the ECB announced that it had turned on the liquidity spigot for Greece again and what data there was for the US was added a little more incremental evidence the economy is...
Futures Trading Education
News wise, nothing bad has happened in or to Australia since I wrote yesterday’s economic commentary, yet the AUD sits almost a full cent lower than where we left it. In truth, it is a case of guilt by association, following a pummelling meted out to other ‘commodity...
Futures Trading Education
Back to our day jobs, with a reprieve on being political or equity analysts, we can return to the Global Economy. Markets also chose to ignore the after-party cleaning up in Greece, to focus on central bank speak – both actual and what is to come. That left equity...
Futures Trading Education
After a truly marathon effort, the EU leaders and Greece reached a deal in the early hours of Monday morning Europe time. Another bailout, but with no debt haircut. In return for a three year bailout of €86bn, with bridging finance to help cover loan repayments of...
Futures Trading Education
According to the Guardian’s European correspondent, ‘extensive mental waterboarding’ is one official described the rough ride being given to Greek PM Alex Tsipras by EU President Donald Tusk, German chancellor Merkel and French President Françoise Hollande. He says...
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