Futures Trading Education
There was still no deal over the weekend between the Obama Administration and the Republicans to give passage to Budget funding and raise the debt ceiling. Talks between the main protagonists, President Obama and House Republican leader Boehner, broke down on Saturday...
Futures Trading Education
Equity markets staged a huge relief rally yesterday as John Boehner, the Republican leader in the House, offered an olive branch to President Obama. Boehner offered to extend the debt ceiling for six weeks to November 22 although the proposal would not reopen the...
Futures Trading Education
Equities rallied yesterday after the White House indicated that Janet Yellan was about to be nominated by President Obama as the next Fed Chair. Stocks were rising before the minutes from the 17-18 September FOMC Meeting were released and were little moved by their...
Futures Trading Education
Equity markets fell again yesterday as the US Budget impasse continues. The Dow and S&P 500 both fell 1.1% and 1.2% respectively whilst European stocks averaged an 0.8% decline. Senate Democrats are reportedly planning a test vote for the end of the week that...
Futures Trading Education
Equity markets lost ground yesterday as another day passes with no Budget resolution. With the debt ceiling set to be breached in just 9 days time market nervousness is rising. President Obama and House Speaker John Boehner continue to blame each other for the...
Futures Trading Education
The US Government shutdown continues with no progress over the weekend to end the budget impasse. However there was some good news on Saturday after US Defense Secretary Chuck Hagel announced that he was ordering all of the 350,000 furloughed defence workers back to...
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