There was a raft of fascinating data courtesy of of the USA on Tuesday much of it negative. The Empire manufacturing index collapsed by 8 points to 4.5. Builder confidence collapsed by ten points to 46. Whilst consumer debt increased by a worrying amount, a truly jaw dropping $241 billion in the final quarter of […]
A raft of poor data from the USA results in the DJIA closing down marginally Read More »
It’s a fairly busy high impact news event day today so we’ll get right on it. In the UK consumer price inflation has fallen below 2% at 1.9% but RPI (retail price inflation) is up to 2.9%. House prices in the UK are up 5.5% year on year with London at circa 12.3% per year
UK inflation falls as EU balance of payments surplus rises Read More »
We’ve given our current strategy enough time to either work (or fail), so how do we now go about making a clean break and starting with a fresh new ‘shiny’ strategy? And will this gleaming new strategy be any better than the previous one, or are we looking for a change for the sake of
Monday was a relatively quiet day for high impact news events and or fundamental policy decisions due in the main to the bank holiday in the USA, but that hasn’t deterred us from scouring the various wires in order to being you up to date with the key information that’ll move our FX markets, major
Is the Eurogroup actually calling the end of the Eurozone crisis? Read More »
Momentum from Wall Street on Friday and signs of credit growth in China caused Asian bourses to be in a bullish mood. This rise was despite the underwhelming gross domestic product data printed out of Japan, whose economic recovery failed to regain momentum as expected in the last three months of 2013, government data showed
Our weekly trend/swing trading analysis consists of two parts; firstly we analyse the fundamental policy decisions and news events for the coming week. Secondly we use technical analysis in an attempt to determine any potential trading opportunities. Traders reading our key calendar events for the week should note the predictions, as any deviation from that
Swing/trend trading analysis for the week beginning February 16th Read More »
Construction output in the UK has risen. According to the latest data available from the ONS output in the last quarter of 2013 rose by 0.2%. New work increased by 0.7%. Quarterly the increase in construction output rose by an impressive 3.4%. France has published its latest unemployment data this morning, it’s a flash estimate
If you were holding a trading conference and you gathered a group of traders into a hotel bar for a relaxed conversation on all trading related ‘stuff’, to then ask them to nominate “just one indicator that they could rely on, “but only one”, the answers would be revealing. Firstly you’d have to ban the
The Kiwi reacted neutrally to the news that food prices in NZ had risen by 1.2% in January 2014. Fruit cost was up 7.4%. In other NZ news house sales have fallen, down 4.3% versus January 2013 and over 17% less than December 2013. Nationally house prices have fallen by 25K since December. In the
Retail sales fall in the USA whilst weekly unemployment claims edge up once again Read More »
Without a doubt Australia’s jobless rate rising to 6 percent last month, the highest level seen since July 2003, cased quite a stir in the markets. Employment unexpectedly shrank by 3,700. Economists polled by Bloomberg had forecast up to a 15,000 gain. Australia’s currency, in a correlated move, fell 0.9 percent to 89.42 U.S. cents.
