Futures Trading Education
Weaker than expected US Payrolls (+154k) still-benign earnings growth (3.1%) and an unchanged 3.7% unemployment initially drove US bonds yields and the US Dollar lower Friday (while a much stronger than expected Canadian labour market report and, later, higher oil...
Futures Trading Education
It has been a sea of red for equities in Europe and the US, mainboard European stocks down around 3% and the S&P 500 down over 3% at one stage before a late rally saw the market close just 0.40% lower. US energy stocks are again being beaten up with oil prices...
Futures Trading Education
With the US Equity and Bond Markets closed for the funeral of George H.W.Bush markets have traded in a narrow range following the aggressive sell-off in equity markets on Tuesday. The Bank of Canada issued a dovish statement following its ‘’no change’’ rates decision,...
Futures Trading Education
The last hour of US stocks trading is often referred to as the ‘’hour of power’’ such is the scale of moves (both up and down) often recorded by the major US Indices. Yesterday it would be better referred to as the ‘’four hours of power’’, with a large crack appearing...
Futures Trading Education
The market has held on to early gains from the US-China trade armistice. All major equity markets have started the new week with positive returns, risk sensitive currencies are higher and gains in commodities have been led by higher oil prices. However, initial gains...
Futures Trading Education
After a good Argentinian steak and a glass of Malbec, a trade truce has been reached between Presidents Trump and Xi at the G20 meeting over the weekend (no increased in tariffs for 90 days), setting up the stage for a risk positive start to the new week. The Euro has...
Futures Trading Education
Markets have been choppy amid varying views on the prospect of any sort of trade deal this weekend between Trump and Xi at the G20. Oil has been especially volatile, initially taking more heat before it was reported that Russia might join OPEC in limiting supply. The...
Futures Trading Education
A dovish interpretation to Fed Chair Powell’s remarks late yesterday afternoon has boosted US equities and dragged the US Dollar lower alongside a steepening of the US Treasury yield curve led by a rally in front end yields. NZD and AUD have benefitted the most within...
Futures Trading Education
The market mood has turned cautious once again amid a flurry of trade headlines pointing to the prospect of a new round of trade tariffs ahead. European Equity Indices closed mildly in the red while US equities had a late rally to close in positive territory. The USD...
Futures Trading Education
Both European and US Equity Markets have begun the new week in a positive mood with main European and US equity Indices showing gains above 1%, a rebound in oil prices has been one factor for the good vibes while positive Italian budget sound bites have also helped....
Futures Trading Education
It seems that there is still plenty of life in the good old greenback. Despite concerns over the US housing sector, volatile equity markets, tighter financial conditions and a potential blink by the Fed, the US continues to win the least ugly contest with other major...
Futures Trading Education
With the US chowing down for the Thanksgiving Day holiday, it could have been a very quiet session but this was not the case with Brexit news prominent. It was the release of a Brexit Declaration setting out the future relationship between the UK and the EC....
Futures Trading Education
After two consecutive days of steep declines, US equities have rebounded yesterday with gains led by energy shares and small caps. Amid a low trading environment ahead of Thanksgiving holiday today, gains in oil prices have been one supporting factor while US economic...
Futures Trading Education
The global equity rout continues with US equities now close to levels seen at the start of the year. Unlike Monday, where tech shares led the decline, yesterday’s falls have been broadly based although the energy sector is the big loser weighted down by an eye...
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