Futures Trading Education
The ECB bank stress test results have been greeted with some relief by the market at the open of FX trade this morning with the Euro enjoying a modest bounce, up 30/40 pips to 1.2680/90. Sterling has also jumped at the open of trading whilst the AUD is opening up this...
Futures Trading Education
It was all going so very well yesterday until red headlines hit the screens reporting that a patient was being tested at Bellevue Hospital in New York for the Ebola Virus. The news had the effect of bringing USD/JPY, the current high beta bellweather for global risk...
Futures Trading Education
Afternoon gains in stocks, aided by Yahoo’s strong earnings, higher Bond Yields and across the board US Dollar gains gave way to a late session sell-off in the US and brought Treasury Yields back from their highs. Moves in FX have again been led by further...
Futures Trading Education
When I wrote the Update early yesterday morning, US Treasury Bonds were rallying hard, equities were falling fast and USD/JPY was leading the US Dollar lower against all major currencies. Fast Forward 24 hours, US Treasury Yields are higher and the Euro/USD has led a...
Futures Trading Education
With no key economic data due yesterday equity markets were driven by by earnings reports. US equities overall made solid gains with the S&P500 closing 0.9% higher and the NASDAQ up 1.4%. However the Dow only closed up 0.1%, dragged lower by a 7% fall in IBM...
Futures Trading Education
Equity markets were solid on Friday night, with the Dow up 1.6%, the S&P 500 up 1.3% and European markets averaging a hefty 2.8% rise. The better mood was driven by some solid economic data and also stronger earnings reports. On the data front, US housing starts...
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