Having become increasingly irritated by the world’s critique of its blossoming and arguably peaceful nuclear programme Iran announced Monday that it’s gearing up its military presence to practice closing the Strait of Hormuz. Reuters Africa is reporting that a member of Iran’s parliament National Security Committee said the Army is ready to begin the exercise, […]
How The Markets Could Get Into Straights Over Hormuz Read More »
As many readers will know I’m a swing and or position FX trader. I use the “and or” not as an excuse or to hedge my bets (excuse the pun), but to illustrate that I’m comfortable trading off higher time frames looking for set ups that have good potential for a high ROI. I’m also
Choosing Our Forex Trading Strategy To Match Our Trading Personality Read More »
European equities have fluctuated in the morning session, following on from yesterday’s sell off as investors await a U.S. report that may show retail sales in the world’s largest economy increased. U.S. index futures have gained marginally, the SPX is up 0.5% as Asian shares fell during the early morning session. The Stoxx Europe 600
Markets Struggle To Find Direction As They Await The Next Rating Agencies Decisions Read More »
The frozen planet series broadcast by the BBC network over recent months has been a revelation. The subject matter and the photography have been first class, the programme is currently one of the favourites amongst UK viewers. Those of us who need some peace and quiet to retire to, when prolefeed such as X factor
Beware The Fake Of The Mainstream Media Read More »
European and USA equities fell sharply in both the morning and afternoon sessions on Monday whilst the euro and commodities tumbled due to Moody’s Investors Service and Fitch Ratings stating that last week’s summit amongst EU leaders actually achieved very little in order to relieve the pressure on Europe’s struggling sovereign governments… French President Nicolas
Will Xmas Mark The Spot? Read More »
As the UK’s FSA finally released their report on the downfall of RBS in the early hours of this morning many readers will be catapulted back to the days of 2008-2009 when the globe’s financial structure and system appeared to wobble on it’s axis. Despite the credit crunch (as it was termed) being temporarily fixed
The Arrogance And Ignorance Of The Masters Of The Universe Read More »
European equities and U.S. equity futures have fallen in the morning session whilst the euro weakened as Moody’s Investors Service reported that it will review ratings for countries in the region post last week’s summit. The overall bearish mood has been accentuated as Italy and France prepare to sell debt in today’s sessions. Commodities have
Doubts Remain And The Narrative Resumes Versus Europe's Solvency Read More »
According to the International Monetary Fund (IMF) chief economist Olivier Blanchard the accord agreement reached by European countries during the summit on Friday morning of last week, calling for deeper economic integration, is a huge step in the right direction but falls far short of a complete solution for the euro zone’s debt crisis. European
Bundesbank Bunkers Down Read More »
Europe’s leaders will once again gather in Brussels for the latest ‘make-or-break’ summit on Thursday night through to Friday evening amid mounting evidence that eurozone banks are already insolvent and in the eye of the storm of a fresh credit crunch. The European Central Bank has announced that various banks across the continent have already
Euro leaders will have been brought back down to earth with a harsh bump and reminded of the stark reality of the current situation as Moody’s downgraded the credit worthiness of the leading French banks. BNP Paribas SA, Societe Generale SA and Groupe Credit Agricole had their credit ratings cut by Moody’s Investors Service this
One Step Forward One Step Back Read More »
