Before we look at the fundamental policy decisions and high impact news events that could impact this week, it’s worth delivering a quick assessment of the key events of last week… China’s CPI remained steady at 2.6%, whilst industrial production rose to 10.4%. Japan’s final GDP figure came in better than expected at 0.9%, whilst […]
Trend Analysis For The Week Beginning September 15th 2013 Read More »
Greece’s issues are back in focus Greece’s crisis is expected to be back on the agenda again today with many analysts and commentators predicting that Greece will need another bailout, perhaps two. The meeting of eurozone finance ministers gets under way in Vilnius, Lithuania this morning as international lenders predict Greece will need another ‘micro’
London Session Update Pre New York Open Read More »
Friday is the infamous anniversary of the introduction of open ended quantitative easing, the monetary easing experiment that was intended to stimulate the USA economy from the bottom up by way of $85 billion of monetary stimulus each month. The failure to stimulate the economy has been of epic proportions, growth in the USA has
We’re ‘big’ on fundamentals at FXCC. When we offer advice and commentary on trading FX, commodities and indices, we know that fundamentals have a massive impact on the direction of the markets. Naturally we pay attention to the high impact news events and key policy decisions made by central banks and governments. Readers may have
USA Unemployment Claims Drop…Because Two States’ Computers Were Off The Grid Read More »
Australia’s unemployment rate creeps up as Italian industrial production slips into the red Global equity markets have been delivered a mild shock to the system this morning in the form of official data that did not conform with the predictions the economists polled had suggested. Once again these poor figures illustrate that the recoveries, in
London Session Update Pre The New York Open Read More »
There are many times when the UK takes its economic lead from the USA. The USA appeared to ‘enjoy’ a secular rally in house prices and mortgage applications late 2012 and early 2013. That renewed impetus had many analysts fearing that a repetition of the boom and bust of 2008 could re-occur. However, lately the
There’s a fairly common affliction that affects many traders and the problem tends to affect inexperienced traders the most; it’s the fear of actually pulling the trigger on a potential trade when your set up occurs… Although the affliction mostly affects inexperienced traders there are times when successful traders can also experience the fear. In
Many of us have read countless trading articles stating how you can; “make it in trading if you try hard enough, never give up, have a winner’s attitude”, which is why we deliberately avoid writing ‘you can dream the dream’ style articles. The longer you’re in this business you realise there’s several key attributes that
Why The Fail Is Strong In Some Traders Read More »
Manuel Barroso suggests banking reform and believes Europe’s economic woes are nearly over, whilst European shares approach three year high. Manuel Barroso, the president of the European Commission, has delivered a ‘state of the union speech’ in Strasbourg this morning. Manuel Barroso’s speech came after grave predictions that Greece will need further help at least
Mid Morning European Session Update Pre New York Opening Read More »
A potential solution to the growing threat of force versus the Assad regime by the USA added calm to global equity markets. Added to this potentially positive news data published from China, suggesting that the Chinese economy is once again in growth mode, encouraged a ‘risk on’ sentiment to envelope global markets on Tuesday. China’s
Global Equities Rise For The Seventh Day, The Longest In Over Two Years.. Read More »
