Author archives: admin

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  Inflation data and GDP results are the focus for analysts and traders this week

  Feb 8, 21 • 2463 Views • Market Commentaries • admin Comments Off on Inflation data and GDP results are the focus for analysts and traders this week

  Investors will monitor COVID-19 figures and the vaccines’ progressive rollout this week. The concluding chapter of the new US stimulus package was closed on Friday, February 5 after Vice President Kamala Harris used her deciding 50/50 vote in the Senate, to...

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  US equity indices approach record highs, European indices close positive for the fourth session in series

  Feb 5, 21 • 2911 Views • Market Commentaries • admin Comments Off on US equity indices approach record highs, European indices close positive for the fourth session in series

  Signs that the Labour market is improving in the USA combined with encouraging earnings figures helped drive leading US equity indices to near-record highs during Thursday’s New York session. The weekly jobless claims number came in below Reuters forecast...

• Equity and currency markets trade in narrow ranges due to inconclusive calendar data

  Feb 4, 21 • 2131 Views • Market Commentaries • admin Comments Off on Equity and currency markets trade in narrow ranges due to inconclusive calendar data

  WTI oil ended the trading day close to a yearly high on Wednesday, due to US reserves falling sharply (by close on 1 million barrels) during the week according to the latest data from US authorities. At 21:40 UK time, the commodity traded at $55.82 a barrel...

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  Silver prints an eight-year high, US factory growth slows, oil rebounds from early session losses

  Feb 2, 21 • 2399 Views • Market Commentaries • admin Comments Off on Silver prints an eight-year high, US factory growth slows, oil rebounds from early session losses

  Silver’s market price rose to an eight-year intraday high of just over $30.00 per ounce during Monday’s trading sessions, breaching R3 before slipping under that critical psyche handle, ending the day trading close to R2 and at $28.78, up 6.79%. Analysts...

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  Will December see US equity markets print fresh record highs and what are the prospects for GBP?

  Dec 1, 20 • 2522 Views • Morning Roll Call • admin Comments Off on Will December see US equity markets print fresh record highs and what are the prospects for GBP?

  Despite the equity markets selling off during the last session of November 2020, US equity markets, in particular, enjoyed a stellar month. All three leading indices; the DJIA30, SPX500 and the NASDAQ printed record highs during November with the DJIA notable...

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  USA GDP and interest rate settings from the Canadian and Japanese central banks, are the stand out economic calendar events of the week.

  Apr 22, 19 • 3181 Views • Forex Trading Articles, Morning Roll Call • admin Comments Off on USA GDP and interest rate settings from the Canadian and Japanese central banks, are the stand out economic calendar events of the week.

  The trading week begins slowly during the late evening of Sunday April 21st, due to the long Easter weekend and the associated bank holiday days; on the previous Friday and Monday April 22nd. Consequently, the trading volume and liquidity was below the...

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  GPB/USD falls through 200 DMA during the New York session, as USD strength returns to forex markets, USA equity indices rise, as Pinterest makes debut.

  Apr 19, 19 • 4518 Views • Market Commentaries • admin Comments Off on GPB/USD falls through 200 DMA during the New York session, as USD strength returns to forex markets, USA equity indices rise, as Pinterest makes debut.

  Sterling has struggled to make gains versus its peers, since the U.K. received an (up to) six month extension from the European council, taking the Brexit date to October 31st, unless the U.K. chooses to leave earlier, by way of a withdrawal deal being agreed...

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  Focus will be on Mario Draghi on Thursday, when he delivers a statement regarding the ECB’s monetary policy, after the interest rate decision is revealed.

  Jan 24, 18 • 2958 Views • Uncategorized • admin Comments Off on Focus will be on Mario Draghi on Thursday, when he delivers a statement regarding the ECB’s monetary policy, after the interest rate decision is revealed.

  On Thursday January 25th, at 12:45pm U.K. (GMT) time, the Eurozone’s Central Bank the ECB, will announce their latest decision regarding the E.Z.’s interest rate. Shortly after (at 13:30pm), Mario Draghi, the president of the ECB, will hold a press...

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  GBP/USD reaches 1.40 handle, euro rises on strength of encouraging sentiment data, SPX reaches another record high, oil rises through $64 a barrel.

  Jan 24, 18 • 2785 Views • Morning Roll Call • admin Comments Off on GBP/USD reaches 1.40 handle, euro rises on strength of encouraging sentiment data, SPX reaches another record high, oil rises through $64 a barrel.

  The U.K. pound finally rose through the 1.400 level versus the U.S. dollar on Tuesday, GBP/USD rose to the critical handle for first time since the Brexit referendum decision was voted for in June 2016. In late trading the currency pair, referred to as cable,...

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  U.S. equity markets set a new record high, Brent crude breaks $70 per barrel handle, euro rises on hawkish ECB statement.

  Jan 12, 18 • 3703 Views • Morning Roll Call • admin Comments Off on U.S. equity markets set a new record high, Brent crude breaks $70 per barrel handle, euro rises on hawkish ECB statement.

  The USA equity markets were obviously simply pausing for breath on Wednesday, as it was back to the business of setting record highs on Thursday, the SPX rose by 0.81% on the day and has now risen by circa 4% in 2018. Some investment bank analysts are...