As we’ve now entered the final two weeks of the trading year, many of us will slow down our trading, particularly if we’re manual day traders we’ll consider simply downing tools for a week or so. If we trade on a fully automated basis, then we’ll maybe consider disengaging our expert advisor over the holiday […]
The Trump flagship tax reform programme took a step closer to becoming law on Tuesday. Having passed a vote in the House of Representatives, the bill now passes to the Senate for final approval on Wednesday, before Trump gets the opportunity to sign off the reduction into becoming law. Questions as to what it must
Ask a colleague, friend, or family member what they knew about Bitcoin, or crypto currencies back in 2015 and the likelihood is that you’d be faced with a blank stare. This year the Bitcoin phenomenon has truly gone mainstream. It’s impossible to compare the mania and craze to recent stock market events, such as the
Once again the main USA equity markets rallied on Monday to set new record highs. The dissent and disagreement amongst Republican politicians over the tax plan, appears to have been solved and the expectation is that a vote could now take place as early as midweek, with the prediction of a win in the House
Trump was inaugurated in January, having been successful in the USA’s election with the pitch to “make America great again”. It’s taken a year for his Republican Party to finally arrive at the stage were just one of his key election promises looks like it’s coming to fruition; tax cuts. However, the USA electorate were
It’s fascinating watching television coverage of the markets, particularly when, for example, Bloomberg switch to a trading floor at the NYSE. As far back as 2010, estimates suggested that between 50-70% of all stock trading on Wall Street was conducted by high frequency trading algorithms. As we reached 2012 the leading USA investment bank Morgan
We traded manually, then we traded with automation, then we moved into machine learning Read More »
As widely expected the FOMC raised the upper bound interest rate to 1.5%, the Fed’s committee also confirmed that it would begin to reduce it’s massive $4.5 trillion balance sheet, by $20b a month, beginning in February 2018. The FOMC also committed to repeat the exercise witnessed in 2017; raising interest rates three times in
Outside of the fundamental analysis we have to continually conduct, concerning the economic calendar events that are released and published each trading day, we also have to develop skills in order to learn how to analyse technical analysis. Whilst we have to learn to analyse both of these distinct and influential factors, we also have
Brexit, its past, present and future impact on the value of the U.K. pound Read More »
At 19:00 pm GMT, on Wednesday December 13th, the FOMC will reveal its latest decision on the key interest rate for the USA. Currently at 1.25% the general consensus opinion, gathered from the economists polled by news agencies Reuters and Bloomberg, is that the key rate (upper bound) will rise to 1.5%. A third rise
USA markets closed up on Monday with certain major indices setting record highs, investors entered the last two trading weeks before Xmas, whilst keeping their minds focused on the FOMC meeting, which is due to conclude on Wednesday. The overall consensus is leaning towards a rate rise to 1.5% being announced, with the FOMC keeping
