Futures Trading Education
Equity markets held onto their gains yesterday after the big jumps last Friday in the wake of the better Non Farm Payrolls report in the US. Although London and Tokyo were closed the S&P 500 closed up 0.2% driven by banks and techs.The former rose after a very...
Futures Trading Education
US Equity markets closed at record highs on Friday after the US Payrolls Report which was stronger than expected. Non Farm Payrolls rose 165k in April, higher than the 140k expected whilst the Unemployment Rate fell to 7.5% from 7.6%. There was also a 114k upward...
Futures Trading Education
The European Central Bank cut the Main Refinancing Rate by 25 basis points to 0.5% as expected yesterday but it was the prospect of further action that had the bigger impact on markets. President Dragi said the ECB would consider charging banks to park excess...
Futures Trading Education
There were no surprises from the US Federal Reserve at the FOMC Meeting. The Fed made no changes to the $85 billion/month Asset Purchase Program but did say that it was prepared to increase or reduce the pace of its purchases as the outlook for the labour market and...
Futures Trading Education
US Equity markets closed higher yesterday supported by gains in IBM, Microsoft, AMEX and a 3% rise in Apple Shares after it announced a $17 billion bond sale. US Equities did suffer some weakness after the Chicago PMI unexpectedly fell in April (49.0 versus 52.5...
Futures Trading Education
US Equity markets have shrugged off their disappointment at last Friday’s below-consensus Q1 GDP number to post solid gains of around 0.75% however US Bond Yields are little changed and the US Dollar is weaker across the board. So in contrast to early-year...
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