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Dec 7, 17 •
3613 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on USA main equity markets slip, U.S. dollar advances versus certain peers, sterling slips on further Brexit chaos
The USA main equity markets slipped back during Wednesday’s trading sessions, the reasons given by the majority of analysts, was profit taking and institutional level traders not being prepared to open new positions, for fear that they may book a loss,...
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Dec 6, 17 •
2768 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Gold falls through the 200 DMA, sterling stabilises despite Brexit impasse, euro slumps versus major peers
Analysts and economists could be forgiven for ignoring the various hard data metrics regarding the USA economy over recent months, as any negative hard data is simply ignored, whereas positive news appears to propel the U.S. equity markets to new heights. As...
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Dec 5, 17 •
2526 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Sterling major FX pairs whipsaw violently as Brexit talks reach crunch time, USA main equity index the DJIA enjoys a tax plan boost
Both the DJIA and SPX initially reacted favorably to the news that the Republicans’ tax reform program had passed a vote in The Senate early Saturday morning, making it highly likely that (in its present form) the reforms will now become law. Investors...
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Dec 4, 17 •
2477 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on As Trump’s tax reforms are voted through The Senate, investors will wonder what heights USA indices can finally reach in 2017
Over the weekend one of the pillars of Trump’s election pledge to “make America great again” finally began the process of becoming law, after being voted for in The Senate. The republicans’ tax reduction programme was finally voted through on Saturday...
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Dec 1, 17 •
2787 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on DJIA breaches record 24,000 level, sterling rallies due to Brexit optimism, gold continues its slump
As the Republicans’ tax reform programme reaches the final discussion and voting period, USA equities rallied, as confidence emerged that the necessary Senate votes would be captured, in order to push through the vote. The fly in the ointment is that the...
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Nov 30, 17 •
2267 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on USA tech shares slide on tax reform progress, U.K. FTSE 100 also slumps, gold plunges, U.S. dollar rises
Throughout the analysis, regarding Trump’s intended tax reform programme, which is now set for ongoing debate in the senate until a vote takes place on Thursday, few financial media commentators have picked up on the effect the reforms will have on tech...
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Nov 29, 17 •
2171 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Sterling rises sharply as U.K. and E.U. reach agreement on the final Brexit cost, USA equites rise as tax reform passes vital hurdle in U.S. Senate
After months of gridlock the U.K. Brexit negotiation team has apparently finally agreed to pay an exit cost of circa €100b gross, which will reduce to circa €65b net over time. This first agreement, if completely ratified by the E.U., will now allow the...
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Nov 28, 17 •
2286 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Gold reaches its highest level in five weeks, yen follows suit as a defensive safe haven trade, European equities slide, as does the euro
FX and U.S. equity traders need to remain highly vigilant during New York markets’ opening times on Tuesday, as Trump delivers a speech at the Senate regarding his tax plans. This is likely to be followed by a vote amongst both democrats and republicans...
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Nov 27, 17 •
2571 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on As the Santa Rally begins to come into sharp focus, retailers help push the SPX to new heights, oil reaches a two year high, whilst safe havens recede
A Santa Claus rally used to be classed as a surge in the price of equities that often occurs in the last week of December, lasting through to the first opening trading days in January. However, over recent years the rally has enjoyed a far longer period,...
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Nov 24, 17 •
2717 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on European stocks rise moderately, whilst the U.S. dollar continues its recent decline, gold holds above the 100 DMA
With USA equity markets closed on Thursday due to thanksgiving holiday, the volume of trading in the FX markets was also effected, with the dollar falling versus the euro and the rest of its main peers. However, price action was extremely limited throughout...