Futures Trading Education
Just after we posted yesterday, the German IFO Survey came out and again disappointed expectations with the headline number down by nearly a point indicating a continuation of softening throughout the September quarter. The headline index of 101.4 versus expectations...
Futures Trading Education
European Equities notched up some gains on Friday on the back of the Financial Times article which said that Spanish and European officials were developing plans for an economic reform/bailout needed to qualify for European Central Bank bond market assistance. The...
Futures Trading Education
Despite the very weak economic data from China, the Euro-Zone and the US the equity markets are all higher this morning having hit the buy levels highlighted in my daily commentary yesterday. The Euro-Zone Manufacturing Index did post a small rise in September to 46.0...
Futures Trading Education
Equity markets, having made small gains yesterday, are on the defensive this morning after Japanese exports fell and reports that China’s manufacturing may contract for an 11th month in a row thus adding to concerns that the global economic slowdown is...
Futures Trading Education
Tuesday saw another consolidation/profit-taking day across global markets with a further reversal of pre and post Fed QE3 announcement rallies in risk assets. The US markets closed flat after a late rally in the last hour of trading. The NAHB September Housing Market...
Futures Trading Education
Monday was a day of consolidation and profit taking after the big moves over the last week. The S&P fell 0.3% after a 5.1% rise over the previous 10 days. US Empire Manufacturing data was very disappointing and fell to its lowest level since 2009 at -10.41 from...
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