Futures Trading Education
After an initial burst, fuelled by a good Jobs report, US Equities ran out of puff on Friday to close well down with the S&P closing on its lows. Market jitters ahead of tomorrow’s Presidential and Congressional Elections seems to have been the main driver...
Futures Trading Education
Generally positive US Economic data has helped generate a risk positive day to equity markets yesterday as measured by a 1% gain in US Indices and a sharp drop in the VIX proxy measure of risk aversion, which has not led to a weaker US Dollar. The Euro is weaker on...
Futures Trading Education
The US Equity markets reopened after been closed for two days due to the devastation caused by Hurricane Sandy. First estimates are that Sandy cost $30 – $50 billion but I reckon it will be nearer $100 billion before we are finished. Trading in New York ended...
Futures Trading Education
The closure of US markets as Hurricane Sandy ripped along the Eastern Seaboard leaving a trial of destruction, and tragically numerous fatalities, in its wake has failed to prevent a decent rally in European Equity markets and a weaker US Dollar. New York City...
Futures Trading Education
Hurricane Sandy closed Wall Street both yesterday and today which is the first time since 1888 that weather has prevented the NYSE from opening. They hope to open tomorrow (Wednesday) and, as a result, volumes across the board in all markets are extremely light. In...
Futures Trading Education
After weak September Durable Goods the market was braced for a weaker Q3 GDP in the US but was surprised on learning that the economy is growing at a 2% annualised rate which was up from the previous 1.3%. Consumption and Housing were contributors but exports...
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