Whilst focus was turned to the USA markets, as the DJIA shed circa 1,600 points during the intraday slump on Monday, many financial journalists have missed reporting on the recent collapse in European markets. The U.K. leading index – FTSE 100, has fallen by circa 4.5% year to date and on Monday experienced its biggest […]
All market participants will be watching the futures market for USA indices when markets open across Asia and in Sydney on Sunday evening/Monday morning. Once European markets open a clearer picture may emerge regarding any short term sentiment damage last week’s sell off in equities may have caused. However, it’s not until the New York
Focus will be on the USA equity markets open after Friday’s rout Read More »
After the FOMC and ECB met this week, to reveal their no change policy on key interest rates, it’s the turn of both Australasian central banks and the U.K. BoE, to announce their latest decisions. All three C.B.s are forecast to leave rates unchanged. However, the focus (as always) quickly turns to the narrative (published
USA equity indices; the DJIA and SPX, all displayed whipsawing behavior during the New York trading session, leading many technical analysts to suggest that the equity markets are lately exhibiting the classic indications of reaching the end of their 2017 full year bullish trend. As we enter what’s termed “earnings season” in the USA, several
On Friday February 2nd, at 13:30pm GMT (U.K. time), the BLS in the United States (bureau of labour statistics) will deliver the latest January NFP number; the non-farm payroll release reveals the amount of jobs created in the U.S. in a particular month, the tradition is for the number to be published the first Friday
President Trump delivered his first state of the union address early Wednesday morning, which appeared to calm Wall Street investors’ nerves, resulting in USA equity markets rising as the New York session opened. The FOMC announced that the key (upper bound) interest rate would remain at 1.5% at the end of their two day meeting.
The key U.S. equity market indices; DJIA, SPX and NASDAQ, sold off sharply during Tuesday, after suffering the first sell off in over a month on Monday. The DJIA lost over 400 points at one stage as the intraday low (just above 26,000) was reached. Some context must be attached to the recent fall; taking
On Wednesday 31st January at 19:00 GMT (U.K. time), the FOMC will reveal their decision regarding USA interest rates, after holding a two day meeting. The Federal Open Market Committee is a committee, within the Federal Reserve System, which has the responsibility under United States law of overseeing the nation’s open market operations, such as;
The main USA equity markets, the DJIA and SPX, experienced a modest pull back during Monday’s New York session, whilst the dollar rose moderately as bond rates also rose. Viewers of Bloomberg news and other financial media, will have noted that market experts were immediately lined up to be asked if “the equity markets were
It’s a well-known phenomenon that economic forum meetings convey an air of confidence to investors. Once the forums close we’re generally left with an impression that the political leaders of the world have got our backs and that they’re experts, completely in control and in charge of their brief. The end result is that during
