Futures Trading Education
The US Stock Market continued its recovery from Thursday’s low to close up over 200 points on a stronger than expected Non Farm Payrolls Number which rose 176k, although the Unemployment Rate remained unchanged at a high 7.6%. Extraordinary volatility greeted...
Futures Trading Education
The mantra of not to be short the Euro on ECB Policy Meeting Day continued yesterday as the US Dollar got hit hard against all major currencies following Dragi’s press conference. This press conference came on the back of the news that the ECB was leaving rates...
Futures Trading Education
Equity markets got hit hard yesterday after the ADP Employment change came in lower than expected as the market awaits the June Payroll data tomorrow. The Dow lost over 200 points (-1.5%) and is now down three of the past four days for the first time this year as the...
Futures Trading Education
Europe followed the Nikkei higher yesterday, led by the FTSE, after some good construction figures out of the UK with the PMI Construction rising to 50.8 from 49.4 versus expectations of 49.8. However US stocks were on the slide most of the day with the Dow and...
Futures Trading Education
All the focus yesterday was on the US Dollar with the release of the first of this weeks big reports from the US, the ISM Manufacturing Report. The market was priced for virtually no change in May but the outcome was on the soft side at 49, the lowest reading in four...
Futures Trading Education
Markets on Friday were on the defensive overall with European Equities closing lower whilst the US Market was little changed for most of the session before a late sell-off with some reports pointing to some net selling from end of month re-balancing of portfolios. In...
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