The upcoming French presidential election, what you need to know and how it may affect the euro and European markets. When The first round of the French presidential election takes place this Sunday, April 23rd, the second and final round two weeks later, on May 7th. Although technically a candidate could win by securing 50% […]
FXCC Explains The French Presidential Election Read More »
The headline Ifo reached 109.3 in November, its highest level since April 2012, rising from 107.4 in October. Both current assessment and expectations improved, with the latter at its highest level since April 2011. Hans-Werner Sinn, president of the Ifo Institute, said: [quote] After falling in October, the Ifo Business Climate Indicator for the German
Recently we covered the use of the most widely held indicators and how adjusting them and using them in a counter intuitive way to their accepted use, can provide a very simple ‘one indicator’ method to enter and perhaps more importantly exit the market. We illustrated how to adjust the settings on indicators such as
Trading with basic moving averages Read More »
The DJIA rose more than 100 points and finally closed above 16,000 for the first time in history. The index crossed that psychological milestone earlier this week, but then sold off for three days as the index closed in the red. The S&P 500 also closed up, while the Nasdaq rose more than 1%. The
Dow closes above 16,000 for first time as dollar yen rises above 101 Read More »
At 51.5, down from 51.9 in October, the flash estimate of the Markit Eurozone PMI Composite Output Index remained above the 50.0 no-change level for a fifth successive month in November, but signaled a modest easing in the rate of expansion for the second month running. Output growth in manufacturing stabilized at a robust rate
Euro-zone PMI signals slowing growth for second successive month Read More »
One of the most apt phrases in relation to news trading that has stood the test of time is; “don’t trade the news, trade the reaction to the news”. Nowhere is this more evident than on the day the NFP data (non farm payrolls) is delivered by the USA bureau of labor statistics. We’ve advised
Successful news trading, how it’s possible. Read More »
Perhaps the most illuminating comment in the latest FOMC meeting minutes, published late Wednesday evening, was the commitment that; “the Committee today reaffirmed its view that a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the asset purchase program ends”. This appears to suggest that even if (when) the
One of the key economists at the IMF, Oliver Blanchard, has shared his thoughts this morning on monetary policy including ZIRP (zero interest rate policies) and quantitative easing. He notes what many in the analyst community already knew given the example of Japan; that once you engage in ZIRP there is very little opportunity for
The IMF; Monetary Policy Will Never Be the Same again Read More »
There is an inevitability, once traders begin to discover trading indicators, that they’ll begin to experiment with many (if not all) of the recognised most popular indicators. Perhaps they’ll start with one indicator, such as the MACD, and begin to add layers upon layers of indicators onto their chart. Then they’ll begin to adjust the
Why simple works in indicator based trading where complex often fails… Read More »
Tuesday proved to be a fascinating day for news that wasn’t previously pencilled in as high impact news events. The OECD issued another estimate with regards to global economic growth, whilst the troika is (as predicted) having difficulty in agreeing new terms with the Greek government in relation to further bailout funds. Germany’s ZEW index
Will the EU ignore the OECD’s suggestion regarding quantitative easing? Read More »
