Futures Trading Education
US Equity markets made small gains yesterday ahead the of the long awaited FOMC decision on QE tapering later this evening.The Dow was up 0.2% whilst the S&P closed up 0.4% with markets supported by Microsoft”s $40 billion share-buyback plan. At this...
Futures Trading Education
Equity markets closed the day sharply higher after Larry Summers withdrew his nomination to be the next Fed Chairman but they were well off their intra day highs. The Dow closed up 0.8% whilst the Nasdaq closed lower on the back of the weakening Apple price which lost...
Futures Trading Education
Markets re-opened last night for this crucial FOMC week with news that Larry Summers has withdrawn his name from the candidature for the top Fed post. In a published letter following a call to President Obama, Summers wrote ‘I have reluctantly concluded that any...
Futures Trading Education
NOTICE: WE EXPERIENCED PROBLEM WITH OUR WEBSITE HOSTING COMPANY TODAY WHICH MEANT THAT WE COULD NOT POST THE DAILY UPDATE BY 10:00 AM. INSTEAD WE SENT OUT THE FULL TRANSCRIPT OF THE UPDATE TO OUR MAILING LIST AT 10:45 AM. WE APOLOGISE FOR ANY INCONVENIENCE....
Futures Trading Education
Quieter trading was evident yesterday as America remembered the September 11 terrorist attacks 12 years ago. Equity markets continued to strengthen on the back of President Obama delaying a Congressional Vote on a possible military strike on Syria in order to see if...
Futures Trading Education
After I wrote my commentary yesterday China released its Industrial Production and Retail Sales Reports for August which both beat expectations and helped send Global Equities higher, with the Dax and FTSE both ending the day 2.1% and 1.3% higher respectively.The Dow...
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