Futures Trading Education
Equity markets ended the week little changed to slightly higher, with no key data released, despite the weaker than expected earnings from Google and Microsoft. The Dow ended Friday down 0.03% whilst the S&P closed up 0.14% for its 12th gain out of the last 13...
Futures Trading Education
The S&P rose to another new high yesterday as earnings from Morgan Stanley and United Health Group beat expectations whilst the Weekly Jobless Claims fell and the Philly Fed rose to an impressive 19.8 from 12.5 last month. The S&P is now up 11 of the past 12...
Futures Trading Education
Equities had a somewhat muted positive reaction to Ben Bernanke’s speech yesterday afternoon. US Housing data was disappointing but some good earnings reports notably from Bank of America helped the US market. The Fed’s Beige Book showed that the economy...
Futures Trading Education
A soft German ZEW Survey saw European equities in retreat yesterday and this was followed up by a higher than expected US CPI which added to the negative tone in the US with the S&P breaking its eight day ‘up’ streak by ending down 0.4%. Earnings...
Futures Trading Education
No dramatic moves in the markets yesterday. US Stocks and Bond prices were modestly firmer following a mixed set of US economic releases which vied with better than expected Q2 revenue and earnings reported by Citigroup. The S&P closed up 0.14% at another new...
Futures Trading Education
US Equity markets gained 0.3% on Friday with the cash S&P closing on another new high at 1680. The Euro traded briefly below 1.3000 on rumours of a ratings downgrade for France which proved to be correct. However the move was by Fitch following on from what...
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