Futures Trading Education
Markets lost ground yesterday as we await Bernankes speech this afternoon. Spain is again in the news after delaying its decision on whether to seek a bailout whilst European Economic data is so dismal. Spanish PM, Rajoy said that he will delay making a decision on...
Futures Trading Education
US Equity markets lost ground late in the session, after the release of the Fed’s Beige Book, erasing earlier gains after the better US GDP and Home Sales data. The Beige Book confirmed that activity continued to expand gradually in the past six weeks so the...
Futures Trading Education
The Euro forged ahead yesterday on speculation that Fitch was going to downgrade the credit rating of the US. The US Dollar was not helped by the weaker than expected Consumer Confidence in August which not only fell back to its lowest level since last November but...
Futures Trading Education
Markets are generally in a holding pattern ahead of the Jackson Hole Summit on Friday. The German IFO Survey for August continued to soften as the headline Business Climate Index fell another point, confirming the further weakness of the economy into the September...
Futures Trading Education
A letter from Fed Chairman Bernanke to a congressman on Friday, ahead of this weekends Jackson Hole Annual Central Bankers Summit, signalled the Fed’s willingness to do more to support the economy which will lead to more speculation on Q3. In the US, the July...
Futures Trading Education
The Euro-Zone manufacturing PMI data came in weak but not as low as feared in August. The main index remains well in contraction territory at 46.3 still suggesting that the Euro-Zone is still in a mild recession for Q3.This follows the weaker than expected PMI from...
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