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Jan 3, 14 •
2346 Views •
Morning Roll Call •
Maria Iacob
Comments Off on WTI oil crashes by 3% as USA and European markets sold off on Thursday
Thursday saw the main indices and the FX market spark into life after the holiday break. Many European markets sold off considerably in the USA afternoon session, despite the promising PMIs published by Markit Economics in the morning session, then followed...
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Jan 2, 14 •
2338 Views •
Morning Roll Call, Uncategorized •
Maria Iacob
Comments Off on The Eurozone invites Latvia to join the New Year party, hoping for no hangover or headache in 2014
As global markets closed for the year the DJIA finally broke through the critical psyche level of 16,500 to close at 16576. For ‘indices traders’ 2013 has provided spectacular results and very smooth swing-trends throughout the year, due in no...
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Dec 31, 13 •
2317 Views •
Morning Roll Call •
Maria Iacob
Comments Off on Greece will leave bailout scheme in 2014, according to Prime Minister Samaras
The exiting bailout stories are scheduled to come thick and fast in 2014. The much heralded ‘poster boy’ for good austerity behaviour, Ireland, exited in late 2013. But despite the muted celebrations very little has changed visibly in the...
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Dec 27, 13 •
2381 Views •
Morning Roll Call •
Maria Iacob
Comments Off on USA unemployment claims print better than anticipated on Thursday
In a relatively quiet trading day, due to many European bourses being closed for a bank holiday, the main high impact news focused on the weekly unemployment claims from the USA. The data came in much better than excepted, however, the previous week’s...
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Dec 26, 13 •
2333 Views •
Morning Roll Call •
Maria Iacob
Comments Off on Xmas Santa rally finishes on a high with DJIA and SPX reaching new highs
The markets in the USA and Europe closed for Xmas in bullish mood as key data from the USA pointed to increased and improved economic performance. House prices in the USA rose 0.5% in the month according to one house price survey. Durable goods orders in the...
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Dec 24, 13 •
2485 Views •
Morning Roll Call •
Maria Iacob
Comments Off on Equity markets enjoy a late Santa rally as USA consumers feel more confident
In a relatively quiet day in terms of high impact news the main equity markets continued their journey north on Monday on the basis of slightly higher retail and other consumption figures from the USA and an improved sentiment publication courtesy of the...
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Dec 20, 13 •
3786 Views •
Morning Roll Call •
Maria Iacob
Comments Off on USA unemployment claimant count rises above expectations, markets stall as reality hits after the FOMC taper decision
After the excitement of the unexpected taper decision from the FOMC on Wednesday European markets, which had already closed as the decision was revealed, immediately rallied on open to reach an ‘equilibrium’ with the USA bourses. The USA markets...
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Dec 19, 13 •
7190 Views •
Morning Roll Call •
Maria Iacob
Comments Off on Federal Reserve tapers monetary easing stimulus on the basis of strong jobs growth whilst dollar reaches five year high versus yen
The key high impact news event of the day came with an element of surprise given that the majority of economists polled by either Bloomberg or Reuters predicted that the result of the two day FOMC meeting would not bring an alteration to the Fed’s...
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Dec 18, 13 •
2876 Views •
Morning Roll Call •
Maria Iacob
Comments Off on Greece to receive its next tranche of bailout cash, as markets await outcome of FOMC meeting
After yesterday’s sharp rise in equities markets in Europe and the USA, global markets retreated in Thursday’s afternoon session with European indices falling back sharply. This was despite various European agencies publishing positive data...
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Dec 17, 13 •
3861 Views •
Morning Roll Call •
Maria Iacob
1 Comment
There was plenty of positive data, contained in the high impact news events published on Monday, which cheered the markets in the USA and Europe. After the wave of mainly positive European PMIs from Markit were published in the morning session (with the...