Futures Trading Education
Markets rebounded nicely from where we were 24 hours ago as they came to the conclusion that the election outcome was not that bad. However plenty of risks remain as Spain had to rescue its third largest bank, Bankia, having previously said they would not help. The...
Futures Trading Education
We start the week with very poor sentiment following a softer than expected Non Farm Payrolls from the US last Friday and both incumbents losing elections in France and Greece. Uncertainty surrounding the US recovery and Europe’s ability to tackle its Sovereign...
Futures Trading Education
The currency markets are unchanged from yesterday despite the Euro falling after the unchanged announcement from the ECB meeting. It quickly rose back up after Dragis’ comments that the the Economy was less downbeat than expected. Spain was able to meet its...
Futures Trading Education
All eyes today will be on the ECB meeting and especially the press conference that follows. It will be interesting to see if Dragi takes a more negative view on economic risks and if he hints at a further rate cut, which Europe badly needs. April PMI in the Eurozone...
Futures Trading Education
Encouraging Global Manufacturing data helped propel Equities and Commodities higher yesterday. The morning was very quiet due to the May bank holiday but this all changed after the release of the ISM Data from the US which came in at 54.8 versus 53.0 expected. Risk...
Futures Trading Education
Markets will be quiet today because it is Mayday and most European markets are closed. This is also a short introduction as I am in transit this morning however I have set out my current open positions and plans in the markets below. NOTE: All comments below refer to...
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