Author archives: maria

  • European equity markets power ahead on Monday, due to healthy manufacturing PMI numbers.

    Jan 3, 17 • 3253 Views • Mind The Gap Comments Off on European equity markets power ahead on Monday, due to healthy manufacturing PMI numbers.

    Despite the fact that London and USA markets were closed on Monday, European equities enjoyed solid gains on the strength of solid PMI manufacturing data, which came in ahead of the analysts’ polled predictions. Notwithstanding the encouraging...

  • MORNING ROLL CALL

    Jan 2, 17 • 3349 Views • Morning Roll Call 1 Comment

    In the Chinese year of the Fire Rooster, don’t be too cocky. London is still the major FX trading venue globally, therefore, with the UK’s holiday season extending to what’s termed a “bank holiday” on Monday, trading volume in FX...

  • Morning Call from FXCC

    MORNING ROLL CALL

    Dec 30, 16 • 2786 Views • Morning Roll Call, Uncategorized Comments Off on MORNING ROLL CALL

    Recent Fed base rate rise hits USA trade gap as dollar rises. It’s less than a month since the USA Fed raised the base interest rate by 0.25% and so far the USA equity markets and the dollar have responded positively. Equities have consistently printed...

  • Morning Call from FXCC

    Morning Roll Call

    Dec 29, 16 • 2512 Views • Morning Roll Call Comments Off on Morning Roll Call

    USA equity markets in retreat mode, UK’s FTSE 100 closes at record high, the dollar rises, whilst sterling and the euro fall versus their major peers. During the New York trading session on Wednesday the main USA equity markets sold off sharply. The...

  • Morning Call from FXCC

    USA consumer confidence reaches a thirteen year high, DJIA approaches 20,000, USA dollar nears highest point in a decade.

    Dec 28, 16 • 2163 Views • Morning Roll Call Comments Off on USA consumer confidence reaches a thirteen year high, DJIA approaches 20,000, USA dollar nears highest point in a decade.

    Two key confidence measures were released in the USA on Tuesday. Firstly, the Case-Shiller index revealed that house prices in the USA rose by 5.1% on an annual basis. All 20 cities in the index showed a YoY gain, the highest gain reported was a 10.7 percent...

  • MORNING ROLL CALL

    Dec 1, 16 • 2163 Views • Morning Roll Call Comments Off on MORNING ROLL CALL

    OPEC finally finds its sweet spot, for light sweet crude. It’s always a relief for: analysts, economists and market commentators when a huge looming economic event, highlighted on the economic calendar, is finally over. The narrative, building up to...

  • MORNING ROLL CALL

    Nov 30, 16 • 2299 Views • Morning Roll Call, Uncategorized Comments Off on MORNING ROLL CALL

    Renzi’s Italian job, he might “just blow the bloody doors off!” In the 1969 British film the Italian Job, a film depicting a gold theft in Turin, the actor Michael Caine delivered what’s now regarded as a legendary line; “you...

  • MORNING ROLL CALL

    Nov 29, 16 • 2146 Views • Morning Roll Call Comments Off on MORNING ROLL CALL

    Mario Draghi reads the riot act to the UK and warns of the consequences of a hard Brexit. “The Riot Act (1714) was an Act of the Parliament of Great Britain that authorised local authorities to declare any group of twelve or more people to be unlawfully...

  • MORNING ROLL CALL

    Nov 28, 16 • 3131 Views • Morning Roll Call 4 Comments

    OPEC are desperately trying to create a Goldilocks price, but there’s three bears who might not eat the porridge on offer. With the four main USA equity indices breaching record highs (day after trading day) last week, it will be a temporary relief not...

  • MORNING ROLL CALL

    Nov 25, 16 • 2115 Views • Morning Roll Call Comments Off on MORNING ROLL CALL

    Black Friday And Its Forgotten Dark Origins It’ll be fascinating to witness at what price USA markets finally open on Friday and how they perform. The futures market for the DJIA roared ahead on Thursday, despite the thanksgiving holiday in the USA,...