Futures Trading Education
Ongoing uncertainty about when Spain will formally request a bailout has Equity markets nervous. Spanish PM, Rajoy has said a request for bailout is not imminent but press reports suggest Spain is edging closer towards applying for the ESM and could make a request as...
Futures Trading Education
The ISM in the US came in very strong, with a reading of 51.5, providing a strong hint that the US Economy is showing some signs of resilience. This level is comparable with a GDP reading of over 3% which is over twice the 1.3% reported for Q2 last week. The detail...
Futures Trading Education
European markets were higher on the back of news that the stress test on the Spanish banking system was, at €59 billion, well within the €100 billion estimate agreed as part of the bailout. This news was more than enough to outweigh the weakening economic data from...
Futures Trading Education
The markets reversed previous days losses helped by Spain unveiling its latest budget plan and the increasing speculation that China will implement more stimulus to support their economy. One of the PBOC officials said that China had severely underestimated the extent...
Futures Trading Education
Ongoing concerns about the Spanish economy and weak US Housing data had the markets lower yesterday. In Spain, as the Government prepares to unveil its updated Budget plan later today there have been more violent protests in Madrid against the planned austerity...
Futures Trading Education
Confirmation of a tangible recovery in US Consumer Confidence with the Confidence Board Index bouncing nine points yesterday, following on from the five point bounce in the University of Michigan Index reported earlier in the month. This holds out hope that the US...
Recent Comments