Futures Trading Education
US Equities ended Friday little changed with the S&P posting another up week. This represented a recovery from intra-day weakness prompted in part by a leaked memo from a Wal-Mart official suggesting that early February sales were very poor. The suggestion was...
Futures Trading Education
The key news just after I posted yesterday morning was the release of the much worse than expected GDP data for the Euro, confirming the ongoing recession in the Euro-Zone. Not only did GDP for the area as a whole fall by 0.6% but German GDP fell by 0.6% and France by...
Futures Trading Education
US Equities finished softer yesterday despite some early support from the January US Retail Sales data which showed a 0.2% increase versus 0.1% expected, but the Dow was dragged lower by losses at McDonalds, Merck and Coca Cola. European Equities had a better session...
Futures Trading Education
With equity markets again trading in a narrow range, market action yesterday was in the FX markets amid confusion over the G7’s stance on the Yen’s recent decline. The G7 released a statement that reaffirmed that exchange rates should be market determined,...
Futures Trading Education
Markets ended the day little changed yesterday. No key economic data was released and, apart from further Yen weakness, movements in other currencies mainly reflected flows and positioning. The Yen has failed to rally on the back of Newswire comments that the G7 may...
Futures Trading Education
Equity markets continued to rise on Friday and the S&P closed higher for the seventh week in a row. On the Forex front, Friday’s market witnessed a smart reversal of recent Yen weakness on comments from Japanese Finance Minister, Aso, that the Yen had...
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