Futures Trading Education
US Equities closed lower yesterday by almost 1% on concerns about the European debt crisis which overshadowed the better than expected American data reported earlier. European Equities got hit after the worse than expected PMI data from Germany. The Purchasing...
Futures Trading Education
Some positive sentiment returned to markets yesterday. There was little news out of Cyprus where officials are still weighing up bail out options and working on contingency plans for if there is a huge outflow of deposits when the banks re-open. But fears of contagion...
Futures Trading Education
The Cypriot Parliament has voted to reject the proposed bank deposit levy. Despite modifying the tax so that depositors with less than €20,000 would be exempted, no MP voted for the bill with 36 voting against and 19 abstaining. Market sentiment had been soft ahead of...
Futures Trading Education
Stock markets rebounded strongly off their opening levels yesterday morning after more than $500 billion was wiped from Global markets after concern that Europe would plunge back into crisis. There was general panic in response to the Cypriot deal but now after some...
Futures Trading Education
The Dow broke its 10 day winning streak as all three main US Indices closed lower on ‘Expiration Friday’ with the US Dollar somewhat weaker. However that all changed last night on the reopening of world markets in the wake of the Cyprus news over the...
Futures Trading Education
Equities were back in focus yesterday after Asia posted gains in Tokyo and Shanghai, thus breaking a losing streak earlier in the week. Unexpectedly strong labour market figures out of the US lifted markets on both sides of the Atlantic with the international press...
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