Futures Trading Education
More positive US Economic news yesterday with Housing Starts rising 3.6% for October, versus a -3.7% reading in September, and relatively upbeat comments from Fed Chairman Bernanke however both have failed to buoy risk sentiment or hurt the US Dollar. This is not...
Futures Trading Education
Having been brittle this month on US Fiscal Cliff worries, the markets continued to build on their gains from late Friday with European Equities gaining 2-3% and the US 1.5-2.5% led by a 7% gain in Apple Shares. After signs for a little while now that the US Housing...
Futures Trading Education
Markets on Friday were choppy with Asia mostly weaker, apart from Japan, bedevilled by US Fiscal Cliff worries and Middle East tensions. Those concerns dogged the European session as well as the opening of the US market. However when the Fiscal Cliff talks between the...
Futures Trading Education
Yesterday there was confirmation that the Euro-Zone is back in recession again with GDP falling 0.1% for a total of – 0.6% for the year to September. This news came despite marginally better than expected GDP reports for France and Germany with both recording...
Futures Trading Education
The negative tone of consumer sentiment is continuing as President Obama confronts a fractured Congress over the Fiscal Cliff. The data flow in Europe provides ongoing evidence of recession and negotiations over the Greek bailout continue. Some good earnings news from...
Futures Trading Education
The key themes in Global markets continue to be Greece’s finances and the US Fiscal Cliff. The latest Greek development was the successful sale of €4.1 billion of Treasury bills staving off the prospect of a default on the €5 billion maturing tomorrow. Meanwhile...
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