Monday saw a variety of fundamental events that will shape the markets over coming weeks. Most notably Spain went on record with an admission that its deficit soared above target last year. At 8.5% of GDP, Madrid’s government was quite a distance from its target of 6%. These poor figures arguably prove its case for […]
Spain Misses Deficit Target Read More »
“All We Are Saying Is Give Greece A Chance.” Are Strawberry Fields Forever? Oh no, not The Beatles. Apologies readers, but as a native of Liverpool it’s often stomach churning to witness them being used to promote movements or ideals. It’s beyond parody how much the iconoclasm of the group is maintained. By the way,
All We Are Saying Is Give Greece A Chance Read More »
“A hedge fund is an investment fund that can undertake a wider range of investment and trading activities than other funds, but which is only open for investment from particular types of investors specified by regulators. These investors are typically institutions, such as pension funds, university endowments and foundations, or high net worth individuals. As
Hedge Funds Are Surviving On A Low Calorie Diet By Taking A Bite Of Apple Read More »
Official figures have confirmed that the UK economy slipped by 0.2% for the fourth quarter of 2011. Household spending was up 0.5% quarter on quarter, the highest since the second quarter of 2010. Government spending, meanwhile, was ahead by 1% over the previous three months. Benefiting from a weaker pound exports were up by 2.3%.
The UK Is Flirting With A Double Dip Recession Read More »
There’s a sad irony that on the day when the USA BLS (bureau of labour statistics) publishes their latest unemployment figures the U.S. postal service announces that the closure of nearly half of its mailing plants will take place over the next twelve months. The claim from the BLS is that only 5.4% of the
U.S. Jobs Going Postal Read More »
Oil Hits A New Sterling Record On Iran Fears..But sshhh..Don’t Tell UK Motorists Feb 20, 2008 at 04:01pm New York: “The price of crude oil has scraped above the $100-a-barrel mark in recent months, but for the first time it actually closed above the psychological ceiling. Prices settled at $100.01 a barrel on the New
Oil Hits A New Sterling Record On Iran Fears Read More »
The Greece debacle has (temporarily) been quietly shifted from the front page of both financial and popular news, it’s now left to the Greeks to cope with the impossible, inter-generational, insoluble financial burden their unelected technocrats have agreed to on their behalf. The indirect bank and bondholder bailout, that’s been agreed in order that Greece
Will It Be Open Season On The Banks As Reporting Season Starts? Read More »
So the Dow Jones reached 13,000 on Tuesday and then reverted to the obvious underpinning mean average (moving average). No surprise there, the 13,000 must have been market stop hunting paradise for market makers given it was such an obvious target. If I traded indices (perish the thought) a sell order looking for 20-30 pips
Is The Dow Jones Industrial Average And The SPX Overbought? Read More »
Trading in the foreign-exchange market (forex) relies on the same two basic forms of analysis that are used in the stock market, fundamental analysis and technical analysis. The use of technical analysis in forex reflects much the same as fundamental analysis; price reflects all news and the charts are the objects of analysis. Unlike companies
Forex Fundamentals, A Quick Reference Sheet Read More »
Are Forex Traders Born And Not Made, Or Do We Need To Get The Chemistry Right? There was a fascinating article published by Reuters and others yesterday concerning gambling addiction. Whilst musing over the results the synergy between gambling and trading becomes obvious. The question that many of us have asked; "am I cut out
Are Forex Traders Born And Not Made? Read More »
