Many investors are aware that China is the largest holder of USA debt in the form of U.S. Treasuries, therefore when Chinese officials raise their concerns, with regards to the current impasse, investors, analysts and traders should sit up and take notice. As the biggest single holder of US debt, China would be at the […]
In our morning roll call publication (printed this morning) we quoted U.S. Treasury secretary Jacob Lew sharing his concerns regarding the USA debt ceiling impasse, for those who missed it the key quotation is worth repeating; [quote]On the 17th, we run out of our ability to borrow, and Congress is playing with fire. If they
The USA debt impasse begins to get ‘real’ as European economic sentiment falls… Read More »
Fundamental analysis The continued impasse, at the heart of the USA government – Congress, not only dominated the financial mainstream media during the preceding week, it also overlapped by dominating the political landscape. One of the many key high impact news events in the calendar, the NFP (non farm payroll) employment count, which investors partly
Trend analysis for the coming week beginning Sunday October 6th Read More »
Despite the sweeping generalization peddled by the mainstream media (that 800K government workers and civil servants are not getting paid), due to the various anomalies within the USA government, as to how and why certain employees are paid, ensures that not all government workers are ‘enjoying’ a few days unpaid forced leave… As we noted
As the USA government shutdown enters its fourth day the effects are starting to be felt Read More »
It’s not a free radical gambling ‘gene’ that keeps traders coming back for more when they’re continually losing at trading. More likely they’re; determined, focused and persistent individuals who sense that they’re incredibly close to enjoying the liberating feeling of trading success. They don’t want to stop when they instinctively know they’re inching closer day
Get rich or die trying, do traders reach a point when they should give up trading? Read More »
Shares in New York fell sharply on Thursday afternoon after the US Treasury warned that the budget impasse between the Republicans and Democrats in Washington risked plunging the world’s biggest economy into its worst slump since the Great Depression; [quote]“A default would be unprecedented and has the potential to be catastrophic. Credit markets could freeze,
There has been a raft of publications from Markit Economics in this morning’s trading session, after the Chinese non manufacturing PMI was printed early in the overnight/early morning session coming in at a bullish 55.4. The European services PMI print came in at 52.2, edging up by a percentage point, whilst Spain’s fell to 49
Markit Economics’ PMIs deliver mixed results this morning… Read More »
From time to time it’s worth taking time out and conducting an appraisal on yourself as a trader in order to ascertain just how far you’ve moved on, not just as a trader, but also as a person involved with trading. How has trading affected your outlook and perspective on many aspects of your day
What have you learned about trading and what has trading taught you? Read More »
On Tuesday market investors appeared to brush off the partial shut down of the USA government; equities rallied in Europe and the USA, whilst the Nikkei and the ASX 200 rose. However, Wednesday was an entirely different scenario; the USA markets fell sharply shortly after the market opened to recover some losses towards the end
The U.S.A has begun to use its final extraordinary measures in order to avoid breaching the nation’s debt limit, Treasury Secretary Jacob J. Lew said as he urged Congress to increase borrowing authority. By his calculations the USA will run out of funds by October 17th. Spending by the USA govt. can reach $60bn
