We’ve mentioned several times that the NFP numbers will be published lunch time UK time today, 8:30 eastern time in the USA, as opposed to the usual Friday. The 18 day delay is due to the temporary govt. shutdown. We’ve also mentioned that the number for the jobs created might be an ‘outlier’, a rogue […]
It’s a tempting situation isn’t it, after perhaps three years of effort you’ve finally begun to find a trading method that works. You’ve stared at charts for years after your day’s work is over. You’ve sneaked a peak at your charts during your lunch break and you’ve often sacrificed a few hours at the weekend,
It’s hard to commend the ECB, the Eurogroup and the dreaded troika for its effective management of the Eurozone crisis given the punishing austerity measures that many of the PIIGS have had to endure as a consequence of investment bank failure. Some of the dire consequences of the austerity measures unleashed in Greece, Spain, Ireland
Sentiment improved across Asian markets in the overnight/early morning trading session, extending the relief rallies that began late last week on the belief that the US Federal Reserve will continue its monetary stimulus until past December into the New Year, March being the favored month by many. The MSCI Asia Pacific Index of stocks added
The trade balances and industrial activity numbers are published from Japan on Sunday evening, early Monday morning. The expectation is for Japan’s trade balance to worsen to ¥1.06 trillion and for the all industries activity to shrink to 0.3% from the previous month of 0.5%. These figures will be published shorty after Japanese officials have
Swing and trend reading analysis for the week beginning Sunday October 20th Read More »
Despite the figures for China’s growth coming in line with expectations the data published by the national bureau of statistics wasn’t all good. The GDP readings keep China on track to achieve the government’s 2013 growth target of 7.5%, stronger than other major economies, but it’s still the worst performance for the country in 23
China’s growth in line with expectations but exports fall sharply Read More »
Many in our community will read our “is the trend still your friend?” article published early every Monday morning. In the article we highlight the preceding week’s major fundamental high impact news events and the coming week’s high impact news events. Then we begin the tricky task of predicting which way the market will move
Now the dust has begun to settle with regards to the debt ceiling temporary solution, the overall reaction appears to be one of indifference. In many respects that’s a good result as we can now begin to focus more on other high impact news events and policy decisions. Normal service will be resumed, if only
European markets remain unimpressed by the USA debt ceiling compromise Read More »
In our latest morning roll call we highlighted the fact that, despite the USA avoiding a potentially catastrophic financial meltdown by way of a default, only a temporary solution was reached. We’re left with a totally unsatisfactory situation were milestones and obstacles in mid December, January and finally February 7th will haunt any progress towards
The USA debt ceiling compromise is not enough to rally European markets Read More »
How many of us traders actually take time out every now and again to evaluate our wellbeing, our physical and mental health? Are there any measurement and metrics we could use to determine if we’re fit enough mentally and psychically to trade? And ultimately does it matter if we’re dog tired and completely stressed
Are you fit enough to trade? Read More »
