There were three key releases from the USA which overall delivered fairly mixed messages regarding the USA consumer’s appetite for risk and their overall sentiment. From the USA we received the latest Conference Consumer Confidence index print which showed an improvement month on month. Rising to 82.3 from the previous reading of 78.3 in February. […]
From the Conference Board overnight we received the latest print regarding China’s economic performance with the LEI showing a reading of 282.4, up by 0.9 on the month. From the UK the latest inflation figures are in showing that the UK’s CPI inflation rate has fallen to its lowest level since 2009 at 1.7% year
UK inflation reaches five year low as UK house prices reach five year high Read More »
The majority of readers of blogs and forums are relatively new to trading, in as much as they’ve been trading for less than five years. During that time they’ll have experienced just about every market condition the markets can create. In fact since 2008/2009 we’ve witnessed incredible ‘once in a lifetime’ turmoil in our markets.
Equity indices sold off sharply during the two trading sessions on Monday due to the participants at the G7 meeting suggesting that more sanctions and pressure could be applied to Russia for its encouraging of a annexation of the Crimea. In the USA the disappointing data print from Markit did little to cheer the USA
There was mixed news regarding the various European Markit Economics PMIs that have been published this morning. The French Composite PMI reading for services and manufacturing has grown significantly, the print came in at 51.6, the rate of expansion was the sharpest in 31 months. Similarly, although Germany’s reading was down on that in February
France leads the way with a sharp increase in its Markit Economics Composite Read More »
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
Trend analysis for the week beginning March 23rd Read More »
The US Federal Reserve published some encouraging news as it stated yesterday evening that nearly all major US banks can survive a market crash; 29 out of 30. All of the big banks with the exception of Zions Bancorp stayed above the 5% requirement for top-tier capital in the latest round of stress tests. Russian
We’ve devised a method that ‘works’ well; the drawdowns are minimal, the losses are small and very manageable. Like any trading method it experiences short, but manageable losing streaks. We’ve back tested the method for approximately six months now and the question remains is this a long enough period in order to make a realistic
There was mixed data coming out of the USA on Thursday, however, the main indices brushed off any lingering doubts regarding the Ukraine/Crimea crises and any negative readings emanating from any USA publishers to close up on the day. Existing home sales came in below expectations at an annualised rate of 4.60 million for February.
In the overnight session very positive news came courtesy of the New Zealand’s stats office as the economy enjoyed a 0.9% rise over the quarter up to December 2013. In Europe Germany published its latest producer prices showing a fall of 0.9% year on year. As the Swiss central bank announces no change to its
